COSO Online Survey for Enterprise Risk Management – Integrated Framework Update
The Committee of Sponsoring Organizations of the Treadway Commission (COSO) has launched an online survey for its current project to review and update the 2004 Enterprise Risk Management – Integrated Framework (Framework). The survey, created by the PricewaterhouseCoopers (PwC) project team, seeks input and feedback from interested parties and is designed to capture views and insights regarding the current Framework and to collect suggestions for improvements. The deadline to complete the survey is 20 December 2014.
Originally published by COSO in 2004, the Framework is widely accepted as a management tool that enhances an organization’s ability to manage uncertainty and to consider how much risk to accept as it strives to increase stakeholder value.
COSO is a voluntary private-sector organization formed in 1985 that is dedicated to improving organizational performance and governance through effective internal control, enterprise risk management, and fraud deterrence.
The IIA is one of five sponsoring organizations for COSO and plays an important role in providing assistance with the development of content for and hosting COSO’s website.
In addition to The IIA, COSO is jointly sponsored by the American Accounting Association (AAA), the American Institute of Certified Public Accountants (AICPA), Financial Executives International (FEI), and the Institute of Management Accountants (IMA).
Take the Survey