[Verse 1]
Five components dance in sequence, twenty principles align
Governance and strategy setting, performance in design
Risk assessment feeds the process, information travels clear
Review, revision keeps us moving through each corporate year
[Chorus]
COSO seventeen has arrived, appetite tolerance capacity
Accept avoid pursue reduce and share your liability
Portfolio view connects the dots, severity's new face
Velocity persistence adaptability, recovery's embrace
[Verse 2]
Appetite is what we're willing, tolerance sets the bounds
Capacity defines our limits when uncertainty surrounds
Two thousand four was silos thinking, seventeen breaks the walls
Integration with controls framework, enterprise enthralls
[Chorus]
COSO seventeen has arrived, appetite tolerance capacity
Accept avoid pursue reduce and share your liability
Portfolio view connects the dots, severity's new face
Velocity persistence adaptability, recovery's embrace
[Bridge]
Interconnectedness matters when the dominoes cascade
Twenty thirteen controls and ERM, together risks are weighed
Categories five for risk response, portfolio perspective
Severity's expanded language makes assessment more effective
[Verse 3]
From governance down to operations, strategy cascades
Performance metrics tell the story, information never fades
Review and revision close the loop, continuous refinement
Five by twenty memorized becomes your best assignment
[Chorus]
COSO seventeen has arrived, appetite tolerance capacity
Accept avoid pursue reduce and share your liability
Portfolio view connects the dots, severity's new face
Velocity persistence adaptability, recovery's embrace
[Outro]
Enterprise risk management evolved, frameworks intertwined
Certification waits for those with disciplined minds