Archive: Jul 2013

CFPB Examination Frequently Asked Questions

By: Sara McLane, Senior Consultant at A-LIGN During the ACA Int’l Conference last week, we answered many questions regarding the CFPB exam and what offerings we, as an independent third-party audit firm, can provide the ARM industry in preparation for the highly anticipated exam. Below is a list we have compiled of the most frequently asked questions regarding the actual CFPB Examination and A-LIGN’s Readiness Assessment Services:

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Updates to the COSO Internal Control – Integrated Framework: Breakdown of What it Means for Management

By: Scott Price, Managing Partner of A-LIGN On May 14, 2013, COSO’s board issued an updated version of its “Internal Control – Integrated Framework,” originally published in 1992. The updated Framework incorporates input from various organizations, including the American Institute of Certified Public Accountants, the Institute of Internal Auditors, public accounting firms, and regulators. The revised Framework was provided as an effort for entities to reduce risk, improve compliance, and strengthen internal control.

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