COSO

COSO
(1) The Committee of Sponsoring Organizations of the Treadway Commission. Formed in 1985 by five U.S. professional organizations to sponsor the National Commission on Fraudulent Financial Reporting. This was an independent, private sector initiative. The committee developed recommendations used by financial auditors, the SEC and regulators.
(2) The name most commonly used to refer to guidelines for enterprise-wide risk management ( ERM) called "Internal Control - Integrated Framework". These COSO guidelines now serve two purposes.
1. They are used by internal and external auditors to implement and evaluate a firm's financial controls. The 2002 Sarbanes-Oxley Act and similar legislation is a primary driver of this application.
2. Financial institutions are also using COSO guidelines for ERM in general but primarily for the identification and control of operations risk. The Basel II capital requirements and related rules issued by national banking regulators are a primary driver of this application.

Financial and business terms. 2012.

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  • coso — sustantivo masculino 1. Plaza de toros: El coso de la Maestranza de Sevilla se considera la catedral del toreo. 2. Uso/registro: restringido en España. Origen: Argentina, Uruguay. Cosa de nombre desconocido, chisme, trasto. 3 …   Diccionario Salamanca de la Lengua Española

  • ćóso — m 〈G ē〉 razg., {{c=1}}v. {{ref}}ćosavac{{/ref}} …   Veliki rječnik hrvatskoga jezika

  • coso — / kɔso/ s.m. [da cosa ], fam. [termine col quale si indicano oggetti o persone di cui non si sa o non si ricorda il nome, o che non si vogliono nominare, spesso con senso spreg.: dammi quel c. lì ] ▶◀ aggeggio, arnese, cosa, oggetto, roba.… …   Enciclopedia Italiana

  • ćoso — ćóso m <G ē> DEFINICIJA v. ćosavac ETIMOLOGIJA vidi ćosavac …   Hrvatski jezični portal

  • COSO — Le COSO est un référentiel de contrôle interne défini par le Committee Of Sponsoring Organizations of the Treadway Commission. Il est utilisé notamment dans le cadre de la mise en place des dispositions relevant des lois Loi Sarbanes Oxley, SOX… …   Wikipédia en Français

  • COSO — Das COSO (Committee of Sponsoring Organizations of the Treadway Commission) ist eine freiwillige privatwirtschaftliche Organisation in den USA, die helfen soll, Finanzberichterstattungen durch ethisches Handeln, wirksame interne Kontrollen und… …   Deutsch Wikipedia

  • coso — I (Probablemente del lat. cursus, carrera.) ► sustantivo masculino 1 TAUROMAQUIA Plaza de toros: ■ uno de los espontáneos que salió al coso fue corneado por el novillo. 2 Calle principal de algunas poblaciones que sirve de paseo: ■ se encontraron …   Enciclopedia Universal

  • coso — {{#}}{{LM C10725}}{{〓}} {{SynC10984}} {{[}}coso{{]}} ‹co·so› {{《}}▍ s.m.{{》}} {{<}}1{{>}} Plaza, sitio o lugar cercado donde se lidian toros y se celebran otras fiestas públicas: • Fue un torero célebre y aplaudido en los mejores cosos de… …   Diccionario de uso del español actual con sinónimos y antónimos

  • coso — cò·so s.m. AU 1. fam., termine con il quale si indica un oggetto di cui non si conosce il nome o non si ricorda per la foggia inconsueta, o che non si vuole nominare per motivi di pudore: passami quel coso Sinonimi: affare, aggeggio, arnese. 2.… …   Dizionario italiano

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