UPDATES ON THE REGULATORY FRAMEWORK RELATED TO HARMONIZATION OF COSO ENTERPRISE RISK MANAGEMENT INTEGRATING WITH STRATEGY AND PERFORMANCE

n addition to Enterprise Risk Management (ERM) framework published in 2004, COSO published the most recent regulation in September 2017; COSO Enterprise Risk Management—Aligning Risk with Strategy and Performance. The report is in-depth with all its aspects and components, as it contains the most current information and regulations on ERM. The fact that there are almost any Turkish sources on this subject has been the main starting point of this study. The study focused on explain of basic information about the new framework rather than making a comparison. In this sense, a recent review of the current implementation of ERM and its inclusion in the study has also made a positive contribution to the literature