ERM is an acronym for “enterprise risk management” and refers to the processes put in place to minimize internal and external threats that a business may face. According to the Committee of Sponsoring Organizations of the Treadway Commission (COSO), ERM includes all the steps … [Read more...]
What is Enterprise Risk Management (ERM)?
In the Executive Summary of the Committee of Sponsoring Organization of the Treadway Commission (COSO), ERM refers to the strategies implemented by an organization to handle risk and uncertainty in a way that creates new opportunities that enhance value. The COSO framework … [Read more...]