Event: ASEAN Internal Audit Network Inaugural Meeting Implementing Committee of Sponsoring Organizations of the Treadway Commission (COSO) 17 Principles in Audit 22 July 2016 Author / Speaker Mars Medrano Julie Calingo View File Internal control and fraud deterrence are needed in ensuring efficiency within ADB. The Committee of Sponsoring Organizations of the Treadway Commission (COSO) has released the updated Internal Control—Integrated Framework or COSO 2013 with new 17 principles. Immediately after, ADB’s Office of the Auditor General then formed an internal COSO 2013 Working Group. OAG has listed the benefits and challenges of COSO 2013 experienced within ADB. Disclaimer The views expressed on this website are those of the authors and do not necessarily reflect the views and policies of the Asian Development Bank (ADB) or its Board of Governors or the governments they represent. ADB does not guarantee the accuracy of the data included in this publication and accepts no responsibility for any consequence of their use. By making any designation of or reference to a particular territory or geographic area, or by using the term “country” in this document, ADB does not intend to make any judgments as to the legal or other status of any territory or area. Download Topics ADB Administration and Governance