Performance Management Shared Interest Group

  • 1.  COSO Corporate Governance Framework - Public Comment Period

    Posted 24 days ago

    I'm the IMA's Board Member of COSO, and I'd like to ask all members of this forum to take a look at the new COSO Corporate Governance Framework which is now published for exposure and public comment.  I want to encourage everyone to take a good look at this Corporate Governance Framework and give COSO your thoughts on what works, what doesn't, what may be missing, what more may be needed.  Thank you!!!!

    Exposure draft with survey link (at the bottom of the page): https://www.coso.org/corporate-governance-framework-exposure

    Survey Link:  https://goldmantrial.qualtrics.com/jfe/form/SV_cD2PqeUslGj3iFU

    Quick Overview:  The Committee of Sponsoring Organizations of the Treadway Commission (COSO), in collaboration with the National Association of Corporate Directors (NACD), has released an exposure draft of the Corporate Governance Framework (CGF) and is inviting public comment beginning May 27, 2025.

    In May 2024, PwC was selected by COSO as the lead author to develop a comprehensive corporate governance framework, which provides principles-based guidance for organizations to establish and strengthen governance practices, starting in the boardroom and cascading throughout the enterprise.

    The Corporate Governance Framework is designed to complement and align with COSO's Internal Control (IC) and Enterprise Risk Management (ERM) frameworks. It incorporates global leading practices to help organizations enhance governance effectiveness, manage risks proactively, and create long-term value.



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    Larry White CMA,CFM,CSCA
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  • 2.  RE: COSO Corporate Governance Framework - Public Comment Period

    Posted 22 days ago

    I forgot to mention,  IMA has a webinar on June 10 on this topic. IMA members can register here: https://event.on24.com/wcc/r/4891117/74423E285E3CAA84615DC3934C287AD7?partnerref=Website

    I'll be moderating this webinar, and the speakers will be the Board Chair of COSO and the Partner from the PWC team that wrote the Framework.  It will provide a great introduction to the Corporate Governance Framework and encourage you to go to the COSO site to comment.



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    Larry White CMA,CFM,CSCA
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