Glossary of Performance & Risk Management terms
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      « Management Override | Main | Manual Controls »
      Saturday
      Dec062008

      Management Process

      The series of actions taken by management to run an entity. An internal control system is a part of and integrated with the management process.

      Source : COSO Integrated Internal Controls Framework

      The series of actions taken by management to run an entity. Enterprise risk management is a part of and integrated with the management process.

      Source : COSO Integrated Risk Management Framework

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