Which COSO category focuses on how an organization communicates its goals and objectives?

The focus of the COSO framework on how an organization communicates its goals and objectives falls under the category of Information and Communication. This category is essential as it emphasizes the importance of timely, relevant, and accurate dissemination of information throughout the organization.

Effective communication ensures that everyone within the organization understands the goals and objectives, the means of achieving them, and their role in the process. It creates a shared understanding that aligns the efforts of all employees with the organization's strategy. This concept reflects the necessity of not just having goals and objectives formulated, but also having a systematic approach to sharing this information, enabling collaboration and informed decision-making across all levels of the organization.

The other categories, while critical to the overall framework for effective governance and risk management, serve different purposes. Control Activities focus on the actual procedures and practices to ensure that risk responses are effectively executed. Monitoring refers to processes that assess the quality of internal control performance over time. Control Environment represents the overall attitude, awareness, and actions of the organization regarding internal controls, establishing the foundation for all other categories.