This site uses cookies to provide you with a more responsive and personalised service. By using this site you agree to our use of cookies. Please read our cookie notice for more information on the cookies we use and how to delete or block them.
The full functionality of our site is not supported on your browser version, or you may have 'compatibility mode' selected. Please turn off compatibility mode, upgrade your browser to at least Internet Explorer 9, or try using another browser such as Google Chrome or Mozilla Firefox.

COSO issues paper on how frameworks enhance performance and governance

  • Globe (green) Image

Feb 11, 2014

The Committee of Sponsoring Organizations of the Treadway Commission (COSO) has issued a thought paper that examines how the application of the COSO frameworks can improve an organization’s performance and governance.

COSO has two frameworks, the Internal Control Integrated Framework (2013) and Enterprise Risk Management Integrated Framework (2004). These frameworks provide guidance on effective controls and proficient risk management. This paper integrates concepts from the COSO frameworks with a general business model and describes how applying key elements of the COSO frameworks can enhance the governance, strategy setting, and management processes.

For more information, see the press release and thought paper Improving Organizational Performance and Governance: How the COSO Frameworks Can Help on COSO’s Web site.

Correction list for hyphenation

These words serve as exceptions. Once entered, they are only hyphenated at the specified hyphenation points. Each word should be on a separate line.