ERM is not a process, a tool, a department, or a list of risks – it is how an organization makes better business decisions. COSO recently updated the ERM Framework with increased emphasis on recognition that risk management is fundamental for an organization to align its actions with its strategy.
At the same time, ISO is nearly finished updating its standard 31000. With the advent of these two significant updates, it is time to reconsider the foundations of risk and risk management. Every organization is in the “risk management” business as managing risk is part of nearly everything an organization does.
This course unpacks the theory behind ERM with group activities and real-world scenarios to help you apply the concepts of risk management.
This course is designed for internal auditors with at least 3 years of experience who are involved in the ERM process, as well as managers and other professionals who deal with the complexities of ERM.