Whether your organization isÌýaÌýpublic, private, or nonprofitÌýentity, your board members face an incredibly demanding environmentÌýright now.ÌýBetween rapid technological shifts, economic volatility, and intensifying stakeholder scrutiny,Ìýthe pressure to spot hidden risks,ÌýmaintainÌýcompliance, and protect long-term value before aÌýcrisis hitsÌýis intense, and the margin for error isÌývirtually nonexistent.Ìý
Are you certainÌýyour current governance structureÌýisÌýbuilt to withstand these modern pressures?ÌýCorporate Governance: Guiding Principles for Board OversightÌýoffersÌýa clear wayÌýforward.Ìý
Developed in collaboration with PwC, this comprehensiveÌýand complementaryÌýguideÌýwasÌýrecentlyÌýpublished by theÌýCommittee of Sponsoring Organizations of the Treadway Commission (COSO),Ìýa globally recognized organizationÌýdedicatedÌýto helping entities reduce fraud while improving operations and oversight.ÌýTheÌýresource’sÌýaim:Ìýto serve as a common reference point where governance expectations can be fragmented.Ìý
What COSO’sÌýCorporate GovernanceÌýBrings to Your Board
Organized around 12 core, board-level principles,ÌýCOSO’sÌýCorporate GovernanceÌýguideÌýprovides a practical foundation for internal audit, risk, and governance leaders to drive meaningful improvement.Ìý
It focuses heavily on criticalÌýbasics, like board structure, accountability, composition, and effectiveness. But it also delves intoÌýtheÌýresponsibilities that can be particularly challenging forÌýboard membersÌýtoday, such asÌýexecutive performance and compensation, culture,ÌýtechnologyÌýand dataÌýoversight, stakeholder engagement, executive leadershipÌýand succession,Ìýand risk management.Ìý
As boards face growing demands around resilience, technology oversight, stakeholder confidence, and long-term value creation,Ìýthe guide’sÌýframework offers a useful lens for assessing whether your organization’s current board governance practicesÌýremainÌýfit for purpose.Ìý
What to Expect from COSO’sÌýCorporate GovernanceÌýGuide
ToÌýhelp your board getÌýthe most out ofÌýCorporate Governance:ÌýGuiding PrinciplesÌýfor Board Oversight, it helps to understandÌýwhatÌýthis resourceÌýis andÌýisn’t:Ìý
- It ISÌýbroadly applicable:ÌýThese principles are built to work globally across all geographies,Ìýjurisdictions, and entity typesÌý—ÌýwhetherÌýmembers sit on aÌýpublic, private, orÌýnonprofit board.Ìý
- It IS grounded in real-worldÌýexpertise:ÌýThe framework draws on extensive research, recognized global guidance, and direct input from active directors, executives, and governance professionals.Ìý
- It IS focused strictly on oversight:ÌýThe guide clearly respects the line between governance and management. It includes “management enablement” tips to show how executive teams can best supportÌýboard membersÌýwith data and analysis, while keeping day-to-day operations squarely in management’s hands.Ìý
- It IS NOT a rigid rulebook:ÌýTheÌýguidance is directional and illustrative. It does not set legal requirements, mandate a single “correct” governance model, or list every singleÌýboardÌýexpectation.Ìý
- It IS NOT a replacement for compliance:ÌýThis framework is meant to complement,Ìýnot replace,Ìýapplicable laws, regulations, or your existing governance standards.Ìý
GetÌýtheÌýGuide
Find the full 2026 guideÌý.ÌýÌý
Want Guidance Tailored for Your Organization?
²ÝÝ®ÊÓƵ’s Risk Advisory teamÌýhelpsÌýboards, audit committees, executives, and governance leadersÌýof public, private, and nonprofit organizationsÌýtranslateÌýleading practices into practical, organization-specific actions.ÌýIn step withÌýitsÌýstrategic priorities and an increasingly complex risk environment, ourÌýinternal audit, risk, and governance advisory servicesÌýcanÌýhelpÌýyourÌýorganization:Ìý
- AssessÌýitsÌýgovernance effectiveness.Ìý
- Enhance itsÌýboard and committee reportingÌý
- StrengthenÌýitsÌýrisk oversight and internal control alignmentÌýÌý
- IdentifyÌýopportunities to evolve oversight structures.ÌýÌý
ContactÌý²ÝÝ®ÊÓƵÌýtoday to learn more.ÌýÌýÌý