Page 685 - COSO Guidance

2 | Enterprise Risk Management — Understanding and Communicating Risk Appetite | Thought Leadership in ERM

Authors

Dr. Larry Rittenberg
Ernst & Young Professor of Accounting
University of Wisconsin-Madison School of Business

Frank Martens
Director, PricewaterhouseCoopers (PwC)

COSO Board Members

David L. Landsittel Larry E. Rittenberg
COSO Chair COSO Chair - Emeritus

Mark S. Beasley/Douglas F. prawitt Chuck E. Landes
American Accounting Association American Institute of CPAs (AICPA)

Richard F. Chambers Jeff C. Thomson
The Institute of Internal Auditors Institute of Management Accountants

Marie n. Hollein
Financial Executives International

preface

This project was commissioned by COSO, which is dedicated to providing thought leadership
through the development of comprehensive frameworks and guidance on enterprise risk
management, internal control, and fraud deterrence designed to improve organizational
performance and governance and to reduce the extent of fraud in organizations. COSO is a
private sector initiative, jointly sponsored and funded by the following organizations:

American Accounting Association (AAA)

American institute of CpAs (AICPA)

Financial Executives international (FEI)

The institute of Management Accountants (IMA)
Committee of Sponsoring Organizations
of the Treadway Commission
The institute of internal Auditors (IIA) w w w . c o s o . o r g

w w w . c o s o . o r g