CoCo PATTERN IN CORPORATE GOVERNANCE

Abstract

ct: In corporate governance, control consists of the elements of an organization, respectively the resources, systems, processes, culture, structure and tasks that collectively support individuals/employees to achieve its objectives, the organization's one. The CoCo control framework is a powerful mechanism that allows an organization to focus on the key structures, values and processes that together form the concept of control and in which people are part of the process. In these circumstances, the control criteria are, for the control teams and all staff, a way of dynamic understanding of the principles of control and therefore represent a more advanced control framework. In the conception of the CoCo pattern, internal control is represented by the organization's resources, processes, tools, tasks, culture, practically everything that can be undertaken to achieve the objectives of the entity, and one of the important prerogatives of control is to ensure reliability and to a certain extent the guarantee of the organization in achieving its objectives. In this article I will look at the conceptual framework on the CoCo pattern in corporate governance.

Keywords

• : corporate governance
• internal control
• internal audit
• auditors
• organization