COSO Enterprise Risk Management: Understanding the New Integrated ERM Framework

Book Synopsis: Praise for COSO Enterprise Risk Management “COSO ERM is a thoughtful introduction to the challenges of risk management at the enterprise level and contains a wealth of information on dealing with it through the use of the COSO framework. Detailed procedures covering a wide variety of situations are followed by a thorough explanation of how each is deployed. As a project management professional, I appreciate how the author addresses the need for risk management at a project level. His background as someone who ‘practices what they preach’ and realizes the impact of the Sarbanes-Oxley auditing rules comes through clearly in the book, and it should be mandatory reading for anyone seeking to understand how to tackle their own ERM issues.” --Greg Gomel, PMP, CQM, CSQE, ITIL, Director, Project Management, Insight North America

“This volume clearly and comprehensively outlines the usefulness of COSO Enterprise Risk Management guidance. It should provide considerable benefit to those having governance responsibilities in this important area.” --Curtis Verschoor, L & Q Research Professor, School of Accountancy and MIS, DePaul University, Chicago

Transform your company's internal control function into a valuable strategic toolToday's companies are expected to manage a variety of risks that would have been unthinkable a decade ago. More than ever, it is vital to understand the dimensions of risk as well as how to best manage it to gain a competitive advantage.

COSO Enterprise Risk Management clearly enables organizations of all types and sizes to understand and better manage their risk environments and make better decisions through use of the COSO ERM framework.

A pragmatic guide for integrating ERM with COSO internal controls, this important book:

• Offers you expert advice on how to carry out internal control responsibilities more efficiently
• Updates you on the ins and outs of the COSO Report and its emergence as the new platform for understanding all aspects of risk in today's organization
• Shows you how an effective risk management program, following COSO ERM, can help your organization to better comply with the Sarbanes-Oxley Act
• Knowledgeably explains how to implement an effective ERM program

COSO Enterprise Risk Management is the invaluable working resource that will show you how to identify risks, avoid pitfalls within your corporation, and keep it moving ahead of the competition.