ERM Frameworks and Responses to risk [7]

Go to: Summary | Previous | Next   
Bullet points include: COSO primarily (business) accountant led, includes representatives from American Accountancy Association, American Institute of Certified Public Accountants, Financial Executives International, Institute of Management Accountants, The Institute of Internal Auditors Builds on earlier work: “Internal Control – Integrated Framework” Asserts that value is maximised when Management Sets strategy and objectives to strike an optimal balance between growth and return goals and related risks Efficiently and effectively deploys resources in pursuit of these goals

Contents | Prev | Next | ERM Lecture Series

Desktop view | Switch to Mobile