Risk management shouldn't be disconnected from the business.
The COSO framework provides structure for managing risk, controls, and performance. Empowered helps you put it into action – with tools that bring your program to life.
Understanding the COSO Framework
A principles-based model for building stronger risk and control programs.
The COSO framework provides a widely adopted model for designing, implementing, and maintaining systems of internal control. Built around five core components and 17 principles, COSO helps organizations embed risk awareness, accountability, and performance into daily operations.
- Five key components: control environment, risk assessment, control activities, information & communication, and monitoring.
- Supports risk-based approaches to internal controls, compliance, and governance.
- COSO is used globally to align risk and performance with organizational strategy.
Good Risk Management Starts with the Right Framework
COSO brings consistency and structure to risk and control programs, making it easier for teams to collaborate, report, and scale. But applying the framework across complex organizations can feel overwhelming without the right tools in place.
- COSO aligns risk and performance with strategic goals.
- It creates a shared language for risk, controls, and accountability.
- A consistent framework builds confidence with leadership and auditors.
Turn COSO Principles Into Practice
Whether you’re starting with control documentation or connecting risks to business processes, Empowered helps you operationalize COSO across your organization – with tools that scale and flex to your needs.
- Document and map risks, controls, and processes in alignment with COSO.
- Streamline assessments and monitoring to fit your risk strategy.
- Report on control effectiveness, mitigation progress, and framework alignment.
Bring structure to your risk & control program.
Talk to a specialist about how Empowered supports COSO-based frameworks across audit, risk, and compliance.
