文档介绍：本科毕业论文(设计)
外文翻译
mittee of anizations
of the mission
外文出处 Enterprise risk management
mittee of anizations 原文:
Committee of anizations of the mission
Organizational overview
COSO was formed in 1985 to sponsor the mission on Fraudulent Financial Reporting (the mission). The mission was originally jointly sponsored and funded by five main professional accounting associations and institutes headquartered in the United States: the American Institute of Certified Public Accountants (AICPA), American Accounting Association (AAA), Financial Executives International (FEI), Institute of Internal Auditors (IIA) and the Institute of Management Accountants (IMA). The mission mended that anizations sponsoring mission work together to develop integrated guidance on internal control. These anizations formed what is now called mittee of anizations of the mission.
The original chairman of the mission was James C. Treadway, Jr., Executive Vice President and General Counsel, Paine Webber Incorporated and a missioner of the . Securities and mission. Hence, the popular name "mission". Currently, David L. Landsittel replaced Larry E. Rittenberg as the COSO Chairman.
History
Due to questionable corporate political campaign finance practices and foreign corrupt practices in the mid -1970s, the
. Securities and mission (SEC) and the . Congress enacted campaign finance law reforms and the 1977 Foreign Corrupt Practices Act (FCPA) which criminalized transnational bribery and panies to implement internal control programs. In response, the mission, a private-sector initiative, was formed in 1985 to inspect, analyze, and make mendations on fraudulent corporate financial reporting.
The mission studied the financial information reporting system over the period from October 1985 to September 1987 and issued a report of findings and mendations in October 1987 titled Report of the mission on Fraudulent Financial Reporting. As a result of this initial report, mittee of anizati