Committee of Sponsoring Organizations

The Committee of Sponsoring Organizations (COSO) is a collaboration of five organizations aimed at improving organizational governance, risk management, and internal controls. Established in the 1980s, COSO develops frameworks and guidelines that help businesses ensure they operate efficiently, manage risks, and comply with laws and regulations. Their most well-known framework, the COSO Internal Control - Integrated Framework, assists organizations in enhancing their performance and reliability of financial reporting, ultimately boosting stakeholder confidence. COSO's work is essential for organizations looking to establish trustworthy and effective management practices.