COSO unveils Enterprise Risk Management Framework.

• Position: COSO News - Committee of Sponsoring Organizations - Brief Article

The Committee of Sponsoring Organizations of the Treadway Commission has released its Enterprise Risk Management--Integrated Framework describing the essential components, principles and concepts of enterprise risk management for all organizations.

The principles-based framework--built on the foundation of COSO's Internal Control--Integrated Framework--provides boards of directors and managements a map for identifying risks, avoiding pitfalls and seizing...