COSO Toolkit

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Drive transformational change to streamline and optimize cross organization and international product transfer processes, procedures and improve effectiveness of Internal Controls over transfers.

More Uses of the COSO Toolkit:

  • Standardize: comprehensive procedures are developed and executed to assess existing system of Internal Control.

  • Contribute to the evolution of the SOX compliance program through improvement and standardization of all components of Internal Control.

  • Maintain an awareness of technological changes in the functional areas and operational areas to be audited.

  • Encourage an environment of teamwork, accountability, and Open Communication.

  • Ensure the ERM tool is kept up to date.

  • Identify: partner with key client stakeholders to obtain and review evidence of compliance to support technical SOX, PCI, ISO, COSO and other compliance or audit requirements.

  • Develop and maintain Policies and Procedures for the ERM Department.

  • Methodize: COSO, ERM, Regulatory Requirements and supervisory expectations.

  • Support the SOX leader with the risk assessment, and fraud risk assessment to ensure compliance with COSO standards and appropriate coverage of the SOX program.

  • Control: research and stay abreast of ERM hot topics and trends.

  • Collaborate among team members; promote an inclusive working environment.

  • Ensure you do cument; lead enterprise level and process risks, control procedures, framework (COSO/COBIT), methodologies, Agile audit and other leading audit techniques.

  • Ensure you advise; certified Information Systems auditor (CISA).

  • Be accountable for accounting, auditing, Financial Reporting, COSO, and/or Sarbanes Oxley.

  • Update and track the inventory of control deficiencies and other Internal Control issues.

  • Serve as a resource for your organization regarding enterprise wide risk, mitigation efforts and trending.

  • Assure your organization oversees audits of third parties.

  • Ensure you do cument; shared facility managing Sarbanes Oxley (SOX) audit control testing methods

  • Guide: delegate to others to provide stretch opportunities.

  • Guide: generally accepted accounting principles.

  • Provide support to financial Process Owners and control activity owners in the deficiency evaluation and remediation process.

  • Evaluate critical business applications, technical platforms, Network Security, databases, Cybersecurity, and IT general computer controls as appropriate.

  • Coordinate: Enterprise Risk Management analysis.

  • Supervise: actively promote and contribute to the achievement of organizational goals.


Save time, empower your teams and effectively upgrade your processes with access to this practical COSO Toolkit and guide. Address common challenges with best-practice templates, step-by-step Work Plans and maturity diagnostics for any COSO related project.

Download the Toolkit and in Three Steps you will be guided from idea to implementation results.

The Toolkit contains the following practical and powerful enablers with new and updated COSO specific requirements:

STEP 1: Get your bearings

Start with...

  • The latest quick edition of the COSO Self Assessment book in PDF containing 49 requirements to perform a quickscan, get an overview and share with stakeholders.

Organized in a Data Driven improvement cycle RDMAICS (Recognize, Define, Measure, Analyze, Improve, Control and Sustain), check the…

  • Example pre-filled Self-Assessment Excel Dashboard to get familiar with results generation

Then find your goals...

STEP 2: Set concrete goals, tasks, dates and numbers you can track

Featuring 999 new and updated case-based questions, organized into seven core areas of Process Design, this Self-Assessment will help you identify areas in which COSO improvements can be made.

Examples; 10 of the 999 standard requirements:

  1. How will effects be measured?

  2. How can auditing be a preventative security measure?

  3. What are the expected COSO results?

  4. Is scope creep really all bad news?

  5. How do controls support value?

  6. What potential megatrends could make your business model obsolete?

  7. What disadvantage does this cause for the user?

  8. Do you recognize COSO achievements?

  9. Was a life-cycle cost analysis performed?

  10. Who needs to know about COSO?

Complete the self assessment, on your own or with a team in a workshop setting. Use the workbook together with the self assessment requirements spreadsheet:

  • The workbook is the latest in-depth complete edition of the COSO book in PDF containing 994 requirements, which criteria correspond to the criteria in...

Your COSO self-assessment dashboard which gives you your dynamically prioritized projects-ready tool and shows your organization exactly what to do next:

  • The Self-Assessment Excel Dashboard; with the COSO Self-Assessment and Scorecard you will develop a clear picture of which COSO areas need attention, which requirements you should focus on and who will be responsible for them:

    • Shows your organization instant insight in areas for improvement: Auto generates reports, radar chart for maturity assessment, insights per process and participant and bespoke, ready to use, RACI Matrix
    • Gives you a professional Dashboard to guide and perform a thorough COSO Self-Assessment
    • Is secure: Ensures offline Data Protection of your Self-Assessment results
    • Dynamically prioritized projects-ready RACI Matrix shows your organization exactly what to do next:


STEP 3: Implement, Track, follow up and revise strategy

The outcomes of STEP 2, the self assessment, are the inputs for STEP 3; Start and manage COSO projects with the 62 implementation resources:

  • 62 step-by-step COSO Project Management Form Templates covering over 1500 COSO project requirements and success criteria:

Examples; 10 of the check box criteria:

  1. Cost Management Plan: Eac -estimate at completion, what is the total job expected to cost?

  2. Activity Cost Estimates: In which phase of the Acquisition Process cycle does source qualifications reside?

  3. Project Scope Statement: Will all COSO project issues be unconditionally tracked through the Issue Resolution process?

  4. Closing Process Group: Did the COSO project team have enough people to execute the COSO project plan?

  5. Source Selection Criteria: What are the guidelines regarding award without considerations?

  6. Scope Management Plan: Are Corrective Actions taken when actual results are substantially different from detailed COSO project plan (variances)?

  7. Initiating Process Group: During which stage of Risk planning are risks prioritized based on probability and impact?

  8. Cost Management Plan: Is your organization certified as a supplier, wholesaler, regular dealer, or manufacturer of corresponding products/supplies?

  9. Procurement Audit: Was a formal review of tenders received undertaken?

  10. Activity Cost Estimates: What procedures are put in place regarding bidding and cost comparisons, if any?

Step-by-step and complete COSO Project Management Forms and Templates including check box criteria and templates.

1.0 Initiating Process Group:

2.0 Planning Process Group:

3.0 Executing Process Group:

  • 3.1 Team Member Status Report
  • 3.2 Change Request
  • 3.3 Change Log
  • 3.4 Decision Log
  • 3.5 Quality Audit
  • 3.6 Team Directory
  • 3.7 Team Operating Agreement
  • 3.8 Team Performance Assessment
  • 3.9 Team Member Performance Assessment
  • 3.10 Issue Log

4.0 Monitoring and Controlling Process Group:

  • 4.1 COSO project Performance Report
  • 4.2 Variance Analysis
  • 4.3 Earned Value Status
  • 4.4 Risk Audit
  • 4.5 Contractor Status Report
  • 4.6 Formal Acceptance

5.0 Closing Process Group:

  • 5.1 Procurement Audit
  • 5.2 Contract Close-Out
  • 5.3 COSO project or Phase Close-Out
  • 5.4 Lessons Learned



With this Three Step process you will have all the tools you need for any COSO project with this in-depth COSO Toolkit.

In using the Toolkit you will be better able to:

  • Diagnose COSO projects, initiatives, organizations, businesses and processes using accepted diagnostic standards and practices
  • Implement evidence-based best practice strategies aligned with overall goals
  • Integrate recent advances in COSO and put Process Design strategies into practice according to best practice guidelines

Defining, designing, creating, and implementing a process to solve a business challenge or meet a business objective is the most valuable role; In EVERY company, organization and department.

Unless you are talking a one-time, single-use project within a business, there should be a process. Whether that process is managed and implemented by humans, AI, or a combination of the two, it needs to be designed by someone with a complex enough perspective to ask the right questions. Someone capable of asking the right questions and step back and say, 'What are we really trying to accomplish here? And is there a different way to look at it?'

This Toolkit empowers people to do just that - whether their title is entrepreneur, manager, consultant, (Vice-)President, CxO etc... - they are the people who rule the future. They are the person who asks the right questions to make COSO investments work better.

This COSO All-Inclusive Toolkit enables You to be that person.


Includes lifetime updates

Every self assessment comes with Lifetime Updates and Lifetime Free Updated Books. Lifetime Updates is an industry-first feature which allows you to receive verified self assessment updates, ensuring you always have the most accurate information at your fingertips.