Home > Risk > Have your provided comments on the COSO ERM draft?

Have your provided comments on the COSO ERM draft?

I hope you have reviewed the draft, available through http://www.COSO.org or at http://erm.coso.org/Pages/default.aspx.

Please share your views on this important document.

I realize that some of you prefer the ISO 31000:2009 global standard on risk management. But let’s recognize that nearly half of the risk management functions around the world are influenced by if not using the COSO framework.

Even if you will not adopt COSO, it is in all of our interests for it to be of the highest possible quality, driving the achievement of enterprise goals through informed and intelligent decision-making.

I submitted my comments some time ago. You can see them on the COSO site at http://erm.coso.org/Uploads/Norman%20Marks.pdf.

  1. Michael Corcoran
    August 31, 2016 at 8:33 AM

    Thoughtful comments. Looks like it needs a lot of work.

    I cannot easily find the link to the comments page on http://www.coso.org Am I missing something?

    • Norman Marks
      August 31, 2016 at 8:35 AM

      Michael, I added a link in the post.

      Norman

    • September 4, 2016 at 12:07 AM

      Michael, the comments page is here: http://erm.coso.org/Pages/viewcomments.aspx
      Norman, I commend you for your relentless energy in calling us all to action – thanks! Working on it now.

      • September 4, 2016 at 12:09 AM

        – just noticed that you found it anyway.

  2. Michael Corcoran
    August 31, 2016 at 9:05 AM

    OMG, There only 6 comments? Nobody seems to care?

  3. Norman Marks
    August 31, 2016 at 9:13 AM

    Michael, I assume these are the only comments with attachments. I don’t think they are sharing comments submitted through their survey.

  4. September 5, 2016 at 12:44 PM

    Thanks for pointing us to this. I’m in the ISO camp, myself, but am interested to compare and contrast.

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