COSO
Descripción: The recent financial crisis is leading to renewed focus on how senior executives approach risk management and the role of their boards of directors in risk oversight. COSO is issuing this thought paper to foster dialogue among senior executives and their boards about ways to strengthen risk management in their organizations. We begin with a review of the environment that is generating calls for organizations to re-examine their risk management practices. We then highlight four specific areas where senior management can work with its board to enhance the board’s risk oversight capabilities, which are further developed in the next four sections of this paper.
