Objectives COSO

Question 1

Operations Objectives

Answer 1

Relate to achieving entity’s mission
Safeguarding of assets

Question 2

Reporting Objectives

Answer 2

Relate to entity’s preparation of financial and non financial reports for org (internal/external)

Question 3

Sub Categories of Reporting

Answer 3

Internal financial
Internal non financial
External financial
External non financial

Question 4

Compliance Objectives

Answer 4

Relate to the entity’s adherence to applicable laws, rules, and regulations