COSO ERM Simplified - Implementation for Government and small businesses - SOX Webinar By Compliance (SOX)
Venue: Online Event
|Event Date/Time: Mar 08, 2011||End Date/Time: Mar 08, 2011|
Enterprise Risk Management or ERMâ€™s primary purpose is to improve the quality of decision-making throughout an organization. Implementing ERM may seem like a daunting task but when one gets a grasp on what it is, and then it becomes easier to understand how it can be implemented. We like to use the COSO ERM framework as most organizations are familiar with the COSO framework for Internal Controls - making the transition from internal controls to ERM much easier.
This ERM webinar will cover the 8 components of COSO ERM: Internal Environment; Objective Setting; Event Identification; Risk Assessment; Control Activities; Information & Communication; and Monitoring. In addition to describing how the 8 components affect the 4 main risk categories in an organization, we will also provide examples of real world risks in each major risk category. By the end of the webinar, we would expect a novice to have confidence in implementing COSO ERM in their own department â€“ and perhaps even in the entire organization.
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