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COSO Announces Project to Update Enterprise Risk ManagementIntegrated Framework

Tuesday, October 21, 2014

The Board of The Committee of Sponsoring Organizations of the Treadway Commission (COSO) on Oct. 21, 2014 announced a project to update the 2004 Enterprise Risk Management – Integrated Framework (Framework). The Framework is a widely accepted framework used by management to enhance an organization’s ability to manage uncertainty, consider how much risk to accept, and improve understanding of opportunities as it strives to increase and preserve stakeholder value.

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