News & Analysis as of

Reporting Requirements COSO

Vinson & Elkins LLP

COSO Releases New Guidance on Internal Controls for Sustainable Reporting

Vinson & Elkins LLP on

On March 30, 2023, the Committee of Sponsoring Organizations of the Treadway Commission (“COSO”), an organization comprising five private-sector organizations with the goal of helping companies improve their performance by...more

Opportune LLP

What You Need To Know Before Starting an ETRM System Implementation Process

Opportune LLP on

Find out everything you need to know before starting an ETRM system implementation. Over the last two decades many energy companies that engaged in the purchase and sale of commodities as a matter of course in transacting...more

Parker Poe Adams & Bernstein LLP

What’s Next for COSO’s New Framework?

By now, most companies have begun to transition from The Committee of Sponsoring Organizations of the Treadway Commission (COSO) 1992 Internal Control—Integrated Framework to the updated COSO 2013 framework. In fact, many...more

Cooley LLP

Is It OK To Delay Implementation Of The New COSO Framework?

Cooley LLP on

With the original 1992 COSO internal control framework deemed by COSO to be “superseded” as of December 15, 2014, companies are fast approaching the deadline for adoption of the updated 2013 COSO framework, But is it really a...more

Stinson - Corporate & Securities Law Blog

SEC Expects Companies To Transition To New COSO Framework For Internal Control Reporting

When evaluating internal control over financial reporting, Exchange Act Rule 13a-15(c) requires the evaluation to be based on a framework that is “a suitable, recognized control framework that is established by a body or...more

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