COSO for CSOs: An interview with the internal control and ERM frameworks’ co-author

Richard Steinberg is the lead project partner of the PricewaterhouseCoopers team that in 1992 conceptualized and developed the COSO Internal Control Integrated Framework. The framework is widely used today for designing, implementing and evaluating the effectiveness of internal controls. Steinberg: It’s the standard used by the vast majority of public companies for enhancement and reporting as required by Sarbanes-Oxley. The draft updated internal control framework certainly focuses better on the risks involved and the relationships with third parties.”]

Source: https://www.csoonline.com/article/2132840/coso-for-csos–an-interview-with-the-internal-control-and-erm-frameworks–co-.html