January 23, 2004

Control Objectives and Activities: Manage Risks and Manage Legal Affairs

This COSO-based guide provides a list of control objectives, potential risks, and points-of-focus for potential control activities for ‘Manage Risks’ and ‘Manage Legal Affairs’, two of sub-activities of Administration, which is the fourth of the primary generic ‘infrastructure’ activities identified in the ‘Value Chain’ model of a business enterprise.