What is ICOFR or ICFR?

ICFR or ICOFR means Internal Control over Financial Reporting. It is related to internal audit controls. It is more like SOX-compliant items focussed on. These controls are important to be monitored else if they fail, then company might fail internal or external controls.

ICFR or ICOFR means Internal Control over Financial Reporting. It is related to internal audit controls. It is more like SOX-compliant items focussed on. These controls are important to be monitored else if they fail, then company might fail internal or external controls.