Select news releases
COSO launches survey to gain input on updating Enterprise Risk Management–Integrated Framework
COSO - 11/5/2014
COSO has launched an online survey designed to collect input on updating the COSO Enterprise Risk Management - Integrated Framework (Framework). Specifically, the objective of the survey is to obtain input on which areas of the Framework require updating and the nature and extent of those updates. COSO is particularly interested in how it might update the original Framework to make it more relevant in an increasingly complex business environment so that organizations worldwide can attain better value from their enterprise risk management programs.
COSO announces project to update Enterprise Risk Management–Integrated Framework
COSO - 10/21/2014
COSO announced a project to review and update the 2004 Enterprise Risk Management–Integrated Framework (Framework). The Framework is a widely accepted framework used by management to enhance an organization’s ability to manage uncertainty and to consider how much risk to accept as it strives to increase stakeholder value. This initiative is intended to (1) enhance the Framework’s content and relevance in an increasingly complex business environment and (2) develop tools to assist management in reporting risk information and in reviewing and assessing the application of enterprise risk management.
COSO issues paper on how COSO Frameworks improve organizational performance and governance
COSO - 2/12/2014
COSO has published a paper titled Improving Organizational Performance and Governance: How the COSO Frameworks Can Help to illustrate how the enterprise risk management (ERM) and internal control frameworks can contribute to enhancing organizational performance and governance for sustainable success and add value to governance strategies and business planning.