What Does Committee of Sponsoring Organizations Mean?

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What does Committee of Sponsoring Organizations mean? Read on to discover the definition & meaning of the term Committee of Sponsoring Organizations - to help you better understand the language used in insurance policies.

Committee of Sponsoring Organizations

Committee of Sponsoring Organizations

Establishes frameworks and criteria that companies and their auditors use to establish internal controls. These criteria are considered some of the standards for enterprise risk management (ERM) practices.

We hope the you have a better understanding of the meaning of Committee of Sponsoring Organizations.

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