What is ICOOR?

Q&ACategory: FinancialWhat is ICOOR?
Sura asked 3 months ago

1 Answers
FinMargin Expert answered 3 months ago

ICOOR means Internal Control Over Other Risks. It is more like non SOX audit. These controls are necessary but not of very high risk as ICOFR. These are in the medium or low-risk category. These are part of internal and external audits.

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