The COSO framework of internal controls is practiced within companies around the world. The objectives of the COSO framework are closely related to its five components.

Question 1 :

Networks have changed drastically over the last 30 years. With the first introduction of the 56k modem, which was about 3 typewriter pages per second, to speeds well over 1Gbps these days, the ability to use networks globally, has changed the way we do business. Using research, determine where networks will go in the next 5-10 years and how that might impact the global economy.

Question 2:

Find a peer-reviewed scholarly journal article discussing implementing information technology globally. Complete a review of the article by writing a 2-3 page overview of the article. This will be a detailed summary of the journal article, including concepts discussed and findings. Additionally, find one other source (it does not have to be a peer-reviewed journal article) that substantiates the findings in the article you are reviewing.

Question 3:

The COSO framework of internal controls is practiced within companies around the world. The objectives of the COSO framework are closely related to its five components. For this assignment, please discuss these five components of the COSO framework. Be sure to include each components’ impact on each of the COSO framework objectives. What do you feel an auditor would most be concerned with during an IT audit? Lastly, discuss suggestions for integrating COSO framework compliance into a company in which you are familiar. 

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