COSO Thought Paper released 2009.

Mark Beasley, NC State University
Bruce Branson, NC State University
Bonnie Hancock, NC State University

COSO’s Effective Enterprise Risk Oversight: The Role of the Board of Directors is focused on aiding boards of directors in strengthening their enterprise risk oversight responsibilities. The current economic crisis has caused the role of the board of directors to become far more challenging than in the past. The thought paper highlights critical board responsibilities that can can help strengthen an organization and better prepare them to face significant risk exposures.