COSO Enterprise Risk Management–Integrating with Strategy and Performance

How the integration of risk, strategy and performance can create, preserve and realize value for your business.

Introducing the Compendium of Examples

Just released is the Compendium of Examples, a companion document to the 2017 COSO ERM Framework

Developed by identifying industry practices through interviews and research, the Compendium of Examples is our response to your feedback requesting illustrations of the Framework in practice. 

The document features nine examples illustrating how organisations across industries and of different types and sizes might choose to apply the principles and concepts of ERM.  Listen to our podcast to find out more.

Latest insights

What is the COSO ERM – Integrated Framework?

Originally developed in 2004 by COSO, the COSO ERM – Integrated Framework is one of the most widely recognized and applied risk management frameworks in the world. 

Over the past decade the complexity of risk has changed and new risks have emerged.  A call from stakeholders for greater transparency and accountability as well as the prominence of risk discussions at the board level prompted a review and refresh of the Framework to address the evolution of enterprise risk management and the need for organizations to improve their approach to managing risk.

In 2014, COSO engaged PwC as the principal author of the update. The project garnered global, cross-industry and both public and private sector interest. The new Framework, now titled Enterprise Risk Management-Integrating with Strategy and Performance, both preserves and builds upon the strengths of the original publication while clarifying and expanding on guidance where it was deemed helpful to do so.  

Contact us

George Stylianides
Global Risk Consulting Leader, PwC United Kingdom
Tel: +44 (0)207 804 3364
Email

Frank Martens
Global Risk Framework and Methodology Leader, PwC Canada
Tel: +1 (604) 806 7590
Email

Helene Katz
Director, PwC United States
Email

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