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You're referring to the Committee of Sponsoring Organizations (COSO)!

COSO is a non-profit organization that provides thought leadership and guidance on enterprise risk management (ERM), internal control, and governance. The organization was established in 1985 and is sponsored by five major professional organizations: the American Institute of Certified Public Accountants (AICPA), the Institute of Internal Auditors (IIA), the Institute of Management Accountants (IMA), the National Association of Corporate Directors (NACD), and the Financial Executives International (FEI).

COSO is perhaps best known for its framework on internal control, which was first published in 1992 and has since become a widely accepted standard for internal control. The framework provides a structured approach to designing, implementing, and evaluating internal controls, and is widely used by organizations around the world.

In 2004, COSO published its ERM framework, which provides a comprehensive approach to managing risk across an organization. The framework emphasizes the importance of integrating risk management into an organization's overall strategy and decision-making processes.

COSO has also published guidance on other topics, including governance, audit committees, and cybersecurity. The organization's resources are widely used by organizations, auditors, and regulators, and are considered to be a valuable source of information on best practices in risk management and internal control.

Some of the key benefits of COSO's frameworks and guidance include:

1. Improved risk management: COSO's frameworks and guidance provide a structured approach to managing risk, which can help organizations identify and mitigate potential risks.
2. Enhanced internal control: COSO's internal control framework provides a comprehensive approach to designing, implementing, and evaluating internal controls, which can help organizations ensure the accuracy and reliability of their financial reporting.
3. Better governance: COSO's governance guidance provides a framework for effective governance, which can help organizations make informed decisions and ensure accountability.
4. Increased transparency: COSO's frameworks and guidance provide a structured approach to reporting and disclosure, which can help organizations provide transparent and accurate information to stakeholders.

Overall, COSO's frameworks and guidance are widely recognized as a valuable resource for organizations seeking to improve their risk management, internal control, and governance practices.