The COSO Framework, developed by the Committee of Sponsoring Organizations of the Treadway Commission, is a model designed to help organizations improve their internal controls and risk management processes. It provides a structured approach to ensure effective governance, compliance, and operational efficiency by integrating various components such as control environment, risk assessment, control activities, information and communication, and monitoring activities. This framework is widely used across different industries to enhance organizational performance and accountability. By implementing the COSO Framework, organizations can better identify and manage risks, ensuring that their objectives are met while safeguarding assets and maintaining reliable financial reporting.