BAR07-23 ERM

Some misconceptions of ERM according to the COSO ERM Framework.

  1. ERM is not simply a listing of risks.
  2. ERM is not just for big corporations.
  3. ERM is not the same as internal controls.
  4. ERM cannot be an add-on activity that functions independent of the organization’s structure and processes.
June 29, 2023 | |