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Global Institute of Internal AuditorsBreadcrumb SeparatorNewsBreadcrumb SeparatorCOSO Announces ERM Framework Update Project

COSO Announces Project to Update Enterprise Risk Management-Integrated Framework

The Board of The Committee of Sponsoring Organizations of the Treadway Commission (COSO) on 21 October 2014 announced a project to 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, consider how much risk to accept, and improve understanding of opportunities as it strives to increase and preserve stakeholder value.

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Read the 21 October 2014 News Release