Skip to main content

COSO ERM; A Complete Guide

$199.00
When you get access:
Course access is prepared after purchase and delivered via email
How you learn:
Self-paced • Lifetime updates
Your guarantee:
30-day money-back guarantee — no questions asked
Who trusts this:
Trusted by professionals in 160+ countries
Toolkit Included:
Includes a practical, ready-to-use toolkit with implementation templates, worksheets, checklists, and decision-support materials so you can apply what you learn immediately - no additional setup required.
Adding to cart… The item has been added

What does the COSO ERM course cover?

COSO ERM is covered here in 8 modules: Introduction to COSO ERM: Key components of the framework, Overview of the COSO ERM framework, Risk Management Fundamentals: Defining risk and risk management, COSO ERM Framework Components and 5 more. The outline lists 36 specific topics, opening with Overview of the COSO ERM framework and closing with applying the COSO ERM framework to industry-specific.

How do you approach COSO ERM step by step?

The work is sequenced in 8 stages. It starts with Introduction to COSO ERM: Key components of the framework, Overview of the COSO ERM framework, moves through Risk Management Fundamentals: Defining risk and risk management and COSO ERM Framework Components, and ends at Case Studies and Real-World Applications: Lessons learned and best practices.

What is in Module 1 of the COSO ERM course?

Module 1 is Introduction to COSO ERM: Key components of the framework, Overview of the COSO ERM framework. It works through Overview of the COSO ERM framework, history and evolution of the framework, key components of the framework and 1 more. It sets the vocabulary the remaining 7 modules build on.

How is the COSO ERM course delivered?

The COSO ERM course is fully self-paced with immediate online access after enrolment. Access does not expire and future updates are included at no cost. It can be taken on any device, and a certificate of completion is issued by The Art of Service when you finish.

How much does the COSO ERM course cost?

The COSO ERM course is $199 as a one time payment. There is no subscription, no per seat licence and no hidden fee. Enrolment carries a 30 day satisfied or refunded guarantee, so it can be assessed in full before you commit.

Closely related courses: COSO ERM Toolkit, COSO ERM Complete, COSO ERM in Implemented Control Kit, COSO ERM Implementation Mastery for Professionals.

More answers: what you get with every course, refund policy, all help answers.

COSO ERM: A Complete Guide



Course Overview

This comprehensive course provides a thorough understanding of the Committee of Sponsoring Organizations (COSO) Enterprise Risk Management (ERM) framework. Participants will learn how to apply the COSO ERM framework to identify, assess, and manage risks within their organization.



Course Objectives

  • Understand the COSO ERM framework and its components
  • Identify and assess risks within an organization
  • Develop and implement risk management strategies
  • Monitor and review risk management effectiveness
  • Apply the COSO ERM framework to real-world scenarios


Course Outline

Module 1. Introduction to COSO ERM: Key components of the framework, Overview of the COSO ERM framework

  • Overview of the COSO ERM framework
  • History and evolution of the framework
  • Key components of the framework
  • Benefits of implementing the COSO ERM framework

Module 2. Risk Management Fundamentals: Defining risk and risk management

  • Defining risk and risk management
  • Risk management principles and concepts
  • Risk management frameworks and standards
  • Regulatory requirements and expectations

Module 3: COSO ERM Framework Components

  • Internal Environment
  • Objective Setting
  • Event Identification
  • Risk Assessment
  • Risk Response
  • Control Activities
  • Information and Communication
  • Monitoring Activities

Module 4. Risk Identification and Assessment: Risk assessment methods, Risk identification techniques

  • Risk identification techniques
  • Risk assessment methods
  • Risk prioritization and ranking
  • Risk categorization and classification

Module 5. Risk Response and Mitigation: Risk response strategies, Risk mitigation techniques

  • Risk response strategies
  • Risk mitigation techniques
  • Control activities and risk management
  • Information and communication in risk management

Module 6. Monitoring and Review: Continuous improvement and learning

  • Monitoring risk management effectiveness
  • Reviewing and updating the risk management plan
  • Continuous improvement and learning
  • Reporting and disclosure requirements

Module 7. Implementation and Integration: Training and awareness programs

  • Implementing the COSO ERM framework
  • Integrating risk management into business operations
  • Change management and cultural considerations
  • Training and awareness programs

Module 8. Case Studies and Real-World Applications: Lessons learned and best practices

  • Real-world examples of COSO ERM implementation
  • Case studies of successful risk management
  • Lessons learned and best practices
  • Applying the COSO ERM framework to industry-specific scenarios


Course Features

  • Interactive and Engaging: The course includes interactive lessons, quizzes, and activities to keep participants engaged and motivated.
  • Comprehensive and Personalized: The course covers all aspects of the COSO ERM framework and provides personalized learning paths for participants.
  • Up-to-date and Practical: The course is updated regularly to reflect the latest developments in risk management and provides practical examples and case studies.
  • Real-world Applications: The course provides real-world examples and case studies to help participants apply the COSO ERM framework in practice.
  • High-quality Content: The course is developed by expert instructors with extensive experience in risk management.
  • Certification: Participants receive a certificate upon completion of the course, issued by The Art of Service.
  • Flexible Learning: The course is available online and can be accessed from anywhere, at any time.
  • User-friendly and Mobile-accessible: The course is designed to be user-friendly and can be accessed on mobile devices.
  • Community-driven: The course includes a community forum where participants can connect with each other and ask questions.
  • Actionable Insights: The course provides actionable insights and practical advice for implementing the COSO ERM framework.
  • Hands-on Projects: The course includes hands-on projects and activities to help participants apply the COSO ERM framework in practice.
  • Bite-sized Lessons: The course is divided into bite-sized lessons that can be completed in a short amount of time.
  • Lifetime Access: Participants have lifetime access to the course materials and can review them at any time.
  • Gamification and Progress Tracking: The course includes gamification elements and progress tracking to help participants stay motivated and engaged.


Course Format

The course is delivered online and includes:

  • Video lessons and tutorials
  • Interactive quizzes and activities
  • Downloadable resources and templates
  • Community forum and discussion board
  • Hands-on projects and activities
  • Final exam and certification
,