Committee of Sponsoring Organizations of the Treadway Commission (COSO)

The Committee of Sponsoring Organizations of the Treadway Commission (COSO) is a partnership of five organizations focused on improving organizational performance and governance. It is best known for developing frameworks for internal controls and risk management. These frameworks help businesses ensure they operate effectively, comply with laws, and protect their assets. By promoting best practices, COSO aims to enhance transparency and trust in financial reporting, aiding companies in achieving their goals while minimizing risks. Its guidelines are widely adopted across various industries to strengthen accountability and stakeholder confidence.