The Committee of Sponsoring Organizations of the Treadway Commission (COSO) has released guidance for boards. Entitled ‘Corporate Governance: Guiding Principles for Board Oversight‘, the guidance was developed in collaboration with PwC.
The publication provides board members with a clear set of guiding principles and practical illustrations to help them assess whether their governance model remains fit for purpose as organizations confront accelerating change, heightened stakeholder scrutiny, and increasingly complex risk environments.
The guiding principles are intended to be broadly applicable across entity types and globally applicable across geographies and jurisdictions.
Grounded in COSO’s longstanding work in internal control, risk management, and oversight, Corporate Governance: Guiding Principles for Board Oversight offers boards a common reference point and draws on extensive research, a review of widely recognised governance practices, and insights from directors, executives, governance professionals, and COSO’s sponsoring organizations.
