Risk Advisory Services

Maintaining an effective risk management program is an integral part of a business. Often this function is outsourced based on hours needed to address the issues or expertise requirements not in house. At George R. Baxendale CPA, Inc., we support businesses with their risk advisory needs.

compliance risk assessment chartCompliance Risk Assessment cube

Internal Controls Accounting:
The COSO Internal Control Framework

During 2013, the Committee of Sponsoring Organizations of the Treadway Commission (COSO) released an updated Internal Control – Integrated Framework to reflect the increasing complexity of internal controls in recent years, particularly in the areas of outsourced service providers and technology. This updated framework is displayed below in what is known as the COSO cube.

The intent of the updated framework is to provide better guidance to management and those charged with governance in fulfilling their internal control responsibilities and to help entities address future changes.

Leveraging more than a decade of internal control experience, George R. Baxendale CPA, Inc. can support companies of all sizes to properly interpret this updated framework, as well as ensure compliance with the framework’s 17 principles, which were designed to assess and improve a company’s governance, risk management and compliance across all components of internal control.

Through a proven methodology and personalized approach, customized to meet an organization’s unique people, process, technology and information needs, our clients are able to successfully adopt the COSO 2013 Internal Control – Internal Framework.

George R. Baxendale, CPA

Contact Us

George R. Baxendale CPA, Inc. provides tax, business, and risk advisory services for start-ups and established businesses, as well as for individuals. We believe that the services we offer will help you achieve a broad range of your financial and business goals.

183 State Street, 2nd Floor, Boston, MA 02109

M-F: 9am-5pm, S-S: Closed

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