Committee of Sponsoring Organizations (COSO)
Term · Insurance and risk management · MLC-T-INS-000842
A private sector initiative that provides thought leadership and guidance on enterprise risk management, internal control, and fraud deterrence. The Committee of Sponsoring Organizations developed a widely recognized framework for internal control, known as COSO ICIF, which is used by organizations globally to assess and improve their control systems. Its frameworks are influential in corporate governance and regulatory compliance.
| Identifier | MLC-T-INS-000842 |
|---|---|
| Field | Insurance and risk management |
| Abbreviation | COSO |
Record as JSON
{
"id": "MLC-T-INS-000842",
"term": "Committee of Sponsoring Organizations (COSO)",
"field": "Insurance and risk management",
"definition": "A private sector initiative that provides thought leadership and guidance on enterprise risk management, internal control, and fraud deterrence. The Committee of Sponsoring Organizations developed a widely recognized framework for internal control, known as COSO ICIF, which is used by organizations globally to assess and improve their control systems. Its frameworks are influential in corporate governance and regulatory compliance.",
"abbreviation": "COSO",
"url": "https://mlchart.com/terminology/insurance/committee-of-sponsoring-organizations-coso/"
}
Record 643 of 3,748 in Insurance and risk management terminology (MLC-0106). Request the full dataset.