COSO defines Enterprise Risk Management (ERM) as “a process, effected by an entity’s board of directors, management, and other personnel, applied in strategy setting and across the enterprise, designed to identify potential events that may affect the entity, and manage risk to be within the risk appetite, to provide reasonable assurance regarding the achievement of entity objectives.” That sounds rather vague. What does it mean to your organization, and how do you make it happen?
During this course participants will examine risk types, methods for identification of risk, evaluation of risks, mitigating options, and on-going monitoring. This course will help individuals learn and develop the skills necessary to help drive, implement, and execute an effective Enterprise Risk Assessment through the use of lecture, interactive discussion, case studies, best practices, and group exercises.