"Information is needed at all levels of an organization to identify, assess and respond to risks,
and to otherwise run the entity and achieve its objectives. An array of information is used,
relevant to one or more objectives categories. Financial information, for instance, is used not
only in developing financial statements for external dissemination, but also for operating
decisions, such as monitoring performance and allocating resources. Reliable financial
information is fundamental to planning, budgeting, pricing, evaluating vendor performance,
assessing joint ventures and alliances, and a range of other management activities."
COSO