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Have your provided comments on the COSO ERM draft?

PUBLIC COMMENTI 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.

Norman D. Marks, CPA, CRMA
Author, Evangelist and Mentor for Better Run Business
OCEG Fellow, Honorary Fellow of the Institute of Risk Management

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