09-30-2009, 01:22 AM
) thanks kamran...at least someone responded
well... your "certainly not" is not certain, certainly ) khair...jokes apart
have gone through a couple of areas and know "a little bit" of everything, e.g., COSO, COCO, SOX, ICAAP, basel (credit related and some operational areas), guidance on control (by CICA), several notes of Basle committee, turnbull, cadburry etc. etc. (i did mention in my first post that i've that i've gone through some related areas...not to be ostentatious but just to intro myself...me working with a bank as a senior executive and been involved reviewing the policies and procedures of the bank...but i still feel myself a learner and thats why i am here asking an elementary level question)...so would be grateful for your help (i hope someone here will surely do)
yeah! you are right that it is an open question (i correct it and put on the same again but in bullets) but my brother i didnt ask for a comparison (no offense)...
Q#1) why COSO is being adopted by Banks in Pakistan? (not asking for the need but for the reason to opt this very framework, as i mentioned "directly or indirectly" and as kamran mentioned "after some customization")
Q#2) how and why COSO suits better? (if and only if the reason of adopting COSO is because "COSO suits banks better than any other framework")
i hope now my questions are a little more clearer and simpler
thanks and regards,
ps no offense to anybody at all, i regret if my second "it makes me feel that i must have posted a wrong question on a wrong forum" caused anybody feel bad
pps i believe we all are professionals here, so would be very thankful for a relative post or points, thanks again to kamran for breaking the ice
well... your "certainly not" is not certain, certainly ) khair...jokes apart
have gone through a couple of areas and know "a little bit" of everything, e.g., COSO, COCO, SOX, ICAAP, basel (credit related and some operational areas), guidance on control (by CICA), several notes of Basle committee, turnbull, cadburry etc. etc. (i did mention in my first post that i've that i've gone through some related areas...not to be ostentatious but just to intro myself...me working with a bank as a senior executive and been involved reviewing the policies and procedures of the bank...but i still feel myself a learner and thats why i am here asking an elementary level question)...so would be grateful for your help (i hope someone here will surely do)
yeah! you are right that it is an open question (i correct it and put on the same again but in bullets) but my brother i didnt ask for a comparison (no offense)...
Q#1) why COSO is being adopted by Banks in Pakistan? (not asking for the need but for the reason to opt this very framework, as i mentioned "directly or indirectly" and as kamran mentioned "after some customization")
Q#2) how and why COSO suits better? (if and only if the reason of adopting COSO is because "COSO suits banks better than any other framework")
i hope now my questions are a little more clearer and simpler
thanks and regards,
ps no offense to anybody at all, i regret if my second "it makes me feel that i must have posted a wrong question on a wrong forum" caused anybody feel bad
pps i believe we all are professionals here, so would be very thankful for a relative post or points, thanks again to kamran for breaking the ice
