CO, PO, SO: The pillars of GRC accountability

 

In GRC, clarity isn’t optional, it’s foundational.

Some organizations blur the lines between who owns what when it comes to systems, processes, and controls. That’s where the roles of Control Owner (CO), Process Owner (PO), and System Owner (SO) come in handy to clarify and reinforce responsibilities.

CO, PO and SO aren’t just acronyms, they’re the backbone of compliance.

What do these roles mean?

SO - System Owner

• Maintains the integrity, security, and documentation of IT systems.
• Supports ITGC, access management, and change control.
• Example: ERP System (e.g., SAP or Oracle)
• System Owner: The IT Director who oversees system upgrades, access provisioning, and change management protocols.

PO - Process Owner

• Designs and oversees business processes tied to controls.
• Aligns operations with compliance and risk objectives.
• Example: Vendor Onboarding Process
• Process Owner: The Procurement Manager who defines the steps, owns the policy, and ensures the process aligns with third-party risk requirements.

CO - Control Owner

• Ensures specific controls are implemented, monitored, and tested.
• Enables audit traceability and control effectiveness.
• Example: Monthly Access Review Control
• Control Owner: The IT Security Analyst responsible for running the access review report, validating user roles, and documenting exceptions.

These roles are foundational to ITGC (Information Technology General Controls), where clear ownership ensures that controls over access, change management, and operations are designed and actively maintained, especially in environments subject to audits, compliance, and financial reporting like SOX (Sarbanes-Oxley).

Why are they critical in GRC?

• Segregation of Duties (SoD): Prevents conflicts of interest and fraud.
• Audit Readiness: Clear ownership streamlines walkthroughs and testing.
• Risk Mitigation: Owners are accountable for identifying and remediating gaps.
• Sustainability: Controls don’t just exist; they’re maintained and improved.

Common pitfalls

• “Everyone owns it” = No one owns it.
• Control owners without system access = No remediation power.
• Process owners unaware of control dependencies = Broken workflows.

Final thoughts

GRC isn’t just about frameworks, it’s about people, ownership, and accountability.

Define your COs, POs, and SOs, because in governance, clarity is control.

If you are interested in the topic of GRC, the following article may be of interest to you: A GRC metaphor with archery.