The Committee of Sponsoring Organizations of the Treadway Commission (COSO) provides non-prescriptive guidance on internal controls, enterprise risk management, and fraud deterrence. COSO Intergrated Control-Integrated Framework is recognized as leading guidance for designing and implementing internal controls and assessing their effectiveness. This framework is commonly used as basis for management’s evaluation of its internal controls over financial reporting for compliance with the Sarbanes-Oxley Act of 2002 (“SOX“).