COSO Archives - CFO

5 Ways to Address Enterprise Risk Management as a Team

Risk Management

5 Ways to Address Enterprise Risk Management as a Team

It’s crucial, now more than ever, that leadership and decision makers take coordinated steps to set a strong example and bolster risk management practices.

By Daniel Kim | March 19, 2020

Closing the Confidence Gap in Sustainability Data

Closing the Confidence Gap in Sustainability Data

The use of effective internal controls around sustainability performance data is not just a 'nice to have'; it’s a must-have.

By Robert H. Herz | September 13, 2017

How CFOs Can Strengthen Technology Controls

How CFOs Can Strengthen Technology Controls

Since data breaches suggest weak controls, CFOs need to improve their grasp of technology controls.

By Craig Callé | March 6, 2017

SOX Compliance Getting More Costly

SOX Compliance Getting More Costly

External auditors are placing more focus on evaluating internal controls over financial reporting, leading to higher fees for companies.

By Matthew Heller | May 20, 2015

Corporates Not Yet Ready for Internal-Controls Prime Time

Risk Management

Corporates Not Yet Ready for Internal-Controls Prime Time

Most firms seem to be putting off implementation of the new COSO framework until next year.

By Kathy Hoffelder | August 20, 2013

SEC Should Push for XBRL Convergence

SEC Should Push for XBRL Convergence

If overseas companies fail to adopt the computer language, full transparency and accessibility to global financial information would be lost.

By Kristine Brands | September 27, 2012

Why U.S. Risk Managers Should Take a Hint from the Rest of the World

Risk Management

Why U.S. Risk Managers Should Take a Hint from the Rest of the World

Let's face it: the ISO enterprise risk management framework used by most companies outside the United States is edging out the U.S.-favored COSO framework. Is there any point in clinging to the latter?

By John Bugalla and Kristina Narvaez | August 29, 2012