The continuous risk assessment depends on the integration of the lines of defense (LOD), the main LOD are three lines (management control, risk and control monitoring, ensuring independence of the internal audit) which lead to the integration of enterprise risk management ERM. The cooperation...

This Paper aims to present the role of Sarbanes-Oxley Act (SOX) in enhancing the Internal Control (IC) systems in banks, and to explain cons and pros of applying the act in developing countries.The researchers display main topics of SOX Act, the possibilities for applying it in developing...