The Differences Between COBIT and COSO

COBIT and COSO are two alliterations that have a lot in common. COSO stands for The Committee of Sponsoring Organizations while COBIT stands for Control Objectives for Information and Related Technologies. These two organization’s function is to help companies organize and monitor financial reporting controls. However, there are a few differences between the two organizations, and in this article, you…

COSO ERM and ISO 31000: Important Aspects Explained

The implementation of multiple enterprise risk management (ERM) systems is a complex process that most businesses may find overwhelming. Nevertheless, adopting the updated COSO ERM and ISO 31000 frameworks should be a priority if compliance requirements are to be met. Although there are different of definitions and processes for establishing risk tolerance available, COSO ERM and ISO-3100 offer unified value…