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![]() ![]() More importantly, though, your organization should be able to maintain reasonable assurance that its goals are being met despite challenges. These business challenges come in all shapes and sizes, and knowing how to deal with them effectively is critical. ![]() This is because challenges-both expected and unexpected-will ultimately impede your progress. Setting and reaching goals are two very different things, however. They could also be other goals set out by your organization. Your specific objectives may be financially focused, customer-service focused, philanthropically focused, or any unique combination. ![]() You also know the importance of maintaining a clear view of the objectives and goals of the organization. If you are a manager, director, or business owner, you know the importance of a solid mission statement. The following provides an overview of the Framework itself. COSO Series Article Part 1 of 6: The following article is the first part of a six-part series to explore the high-level basics of the COSO 1 Integrated Internal Control Integrated Framework (the Framework). ![]()
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