This is a series of posts on how the COSO framework impacts service organizations, particularly those that receive SOC reports. COSO Framework for Service Organizations and SOC Reporting (Part 1 of 3) COSO blog post 2 of 3 COSO blog post 3 of 3
COSO 2013 Framework Implementation Plan Background: The Committee of Sponsoring Organizations of the Treadway Commission (COSO) released on May 14, 2013, an updated version of its Internal Control—Integrated Framework (the “2013 Framework”). In addition, COSO released two illustrative documents: Illustrative Tools for Assessing Effectiveness of a System of Internal Control (the […]
The Committee of Sponsoring Organizations of the Treadway Commission (COSO) released a new thought paper aimed at helping organizations better articulate, develop, and implement “risk appetite.” Enterprise Risk Management – Understanding and Communicating Risk Appetite is the latest in a series of COSO papers providing guidance on improving risk management. While […]