{"id":"internal-control","title":"COSO internal control","summary":"Design and examine risks and controls together to support organizational operations, reporting and compliance objectives.","concepts":["Control environment and risk assessment: connect responsibility, objectives and risk","Control activities: responses such as approvals and reviews","Information, communication and monitoring: observe operation and remedy gaps"],"application":"Identify missing closing or tax information, concentrated authority and review responsibilities, then check whether controls actually operate.","limitations":"Documented procedures differ from actual operation. Controls do not eliminate all errors or fraud and must fit the organization’s size.","directions":["Prevention: emphasize procedures that stop errors before they occur.","Detection: emphasize prompt discovery and correction of problems."],"category":"Accounting and finance","kind":"framework","kind_label":"Framework","persona_ids":["accountant"],"revision":1,"updated_at":"2026-10-07T00:00:00.000Z","sources":[{"title":"Internal Control — Integrated Framework","url":"https://www.coso.org/guidance-on-ic","publisher":"COSO","edition":"2013 framework and official organizational guidance","region":"International reference framework; local obligations require separate checks","checked_at":"2026-10-07","reuse":"Independent editorial summary and source link; the original text is not republished."}],"review":{"status":"source-checked-editorial","expert_reviewed":false},"editorial_note":"Editorial English translation of the Korean edition. No professional translation or occupational expert review has been completed. Translation does not change the source jurisdiction.","language":"en","translation":{"status":"current","source_language":"ko","source_version":"kb-5b4e254aced2ff30","translated_at":"2026-10-08","professional_reviewed":false},"trust":"reference-data","version":"kb-3eb17fb75ff3cb5f","links":{"document":"/en/knowledge/internal-control","markdown":"/en/knowledge/internal-control.md","api":"/api/v1/knowledge/internal-control?lang=en"}}