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Write a paper on COSO and how it relates to Sarbanes-Oxley and the auditing of public companies in 700 to 1,050 words. Address the following:
· Provide a brief history of COSO.
· Describe the five components and 17 principles of the COSO Framework.
· Review your company's "Management's Annual Report on Internal Control over Financial Reporting" and "Report of Independent Registered Public Accounting Firm" (usually found in Section 9A of the Form 10-K) and explain why these reports are necessary.
Please find attached the Annual Financial Report for the company I work for.