Committee of Sponsoring Organizations (COSO)

The Committee of Sponsoring Organizations (COSO) is a group of organizations that provides guidance on risk management, internal controls, and governance for businesses and organizations. Established in the 1980s, its most notable framework helps organizations establish systems to ensure accuracy in financial reporting, compliance with laws, and effective operations. COSO's frameworks are widely respected and used globally, aiding organizations in identifying risks and improving their processes to achieve their objectives while maintaining accountability and transparency.