The COSO Enterprise Risk Management framework replaces the COSO framework for internal control.

Name: The COSO Enterprise Risk Management framework replaces the COSO framework for internal control.
Brand: Quizplus
Rating: 4.8 (60 reviews)

Question

Quizplus · Accepted Answer

The COSO Enterprise Risk Management (ERM) framework complements, rather than replaces, the COSO framework for internal control. It provides a more comprehensive focus on the broader subject of enterprise risk management, while the internal control framework focuses specifically on internal controls.

The COSO Enterprise Risk Management Framework Replaces the COSO Framework