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CFW in Accounting Meaning

The CFW meaning in Accounting terms is "Control Framework". There are 1 related meanings of the CFW Accounting abbreviation.

CFW on Accounting Full Forms

  1. Control Framework A control framework is a data structure that organizes and categorizes an organization’s internal controls, which are practices and procedures established to create business value and minimize risk.The Committee of Sponsoring Organizations of the Treadway Commission (COSO) is a commonly used framework for internal controls. The COSO framework is designed to provide a model that corporations can use to run an efficient and well-controlled financial environment.

Frequently Asked Questions (FAQ)

  1. What does CFW stand for Accounting?

    CFW stands for Control Framework in Accounting terms.

  2. What is the shortened form of Control Framework in Accounting?

    The short form of "Control Framework" is CFW for Accounting.

Citation

CFW in Accounting. Acronym24.com. (2021, September 19). Retrieved December 27, 2024 from https://acronym24.com/cfw-meaning-in-accounting/

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