The Committee of Sponsoring Organizations of the Treadway Commission (COSO) today unveiled its 2017 enterprise risk management framework, now titled Enterprise Risk Management–Integrating with Strategy and Performance.
PwC US was once again engaged to work with COSO. This project garnered global interest and feedback, culminating in a Framework that addresses the need for an improved approach for how organisations manage risk to help create, preserve, and realise value.
“PwC and COSO are mutually committed to elevating risk conversations with boards and management,” says Miles Everson, PwC Global and Asia, Pacific, and Americas Advisory Leader. “Our role in leading the development of this Framework reinforces the views of industry analysts who recently noted that PwC is on the forefront of the movement to integrate risk management into corporate strategic steering processes.”