COSO 2013 Principle 1 & VW: Basic Ethics and Business

Cathy Connally Blog, Corporate Governance, Financial Compliance 0 Comments

COSO The Internal Control – Integrated Framework (2013) Principle 1 states “The organization demonstrates a commitment to integrity and ethical values.” As part of this principle, there is a discussion of oversight to better understand  that “Performance goals that create incentives or pressures to compromise ethical behavior”.   Most people find what VW did to be really unbelievable, mainly because they had such a …