Control Frameworks

Control frameworks are structured systems designed to ensure that an organization operates effectively and meets its goals. They provide guidelines for managing risks, maintaining compliance with regulations, and achieving strategic objectives. By outlining roles, responsibilities, and processes, these frameworks help organizations monitor their performance, safeguard assets, and improve decision-making. Common examples include the COSO framework for internal controls and COBIT for IT governance. Essentially, they serve as blueprints for organizations to enhance efficiency and accountability while navigating challenges and changes in their environment.