Skip to main content

COSO ERM Framework; A Step-by-Step Guide to Enterprise Risk Management

$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

COSO ERM Framework: A Step-by-Step Guide to Enterprise Risk Management



Course Overview

This comprehensive course provides a step-by-step guide to the COSO ERM Framework, a widely accepted framework for enterprise risk management. Participants will learn how to identify, assess, and mitigate risks, as well as how to implement and maintain an effective ERM program.



Course Objectives

  • Understand the COSO ERM Framework and its components
  • Identify and assess risks using the COSO ERM Framework
  • Develop and implement risk mitigation strategies
  • Establish and maintain an effective ERM program
  • Monitor and review ERM program performance


Course Outline

Module 1: Introduction to Enterprise Risk Management

  • Defining Enterprise Risk Management (ERM)
  • Benefits of ERM
  • Overview of the COSO ERM Framework
  • History and evolution of the COSO ERM Framework

Module 2: COSO ERM Framework Components

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

Module 3: Risk Identification and Assessment

  • Risk identification techniques
  • Risk assessment methods
  • Risk prioritization
  • Risk mapping

Module 4: Risk Mitigation and Response

  • Risk mitigation strategies
  • Risk transfer
  • Risk avoidance
  • Risk reduction

Module 5: Control Activities

  • Types of control activities
  • Control activity design
  • Control activity implementation
  • Control activity monitoring

Module 6: Information and Communication

  • Information requirements
  • Communication strategies
  • Stakeholder engagement
  • Reporting requirements

Module 7: Monitoring Activities

  • Monitoring ERM program performance
  • Reviewing and revising the ERM program
  • Identifying and addressing gaps
  • Continuously improving the ERM program

Module 8: Implementing and Maintaining an ERM Program

  • Establishing an ERM program
  • Defining ERM program scope
  • Developing an ERM program framework
  • Implementing ERM program components
  • Maintaining ERM program effectiveness

Module 9: ERM Program Maturity and Benchmarking

  • ERM program maturity models
  • Benchmarking ERM program performance
  • Identifying areas for improvement
  • Developing a roadmap for ERM program maturity

Module 10: Case Studies and Group Discussions

  • Real-world examples of ERM program implementation
  • Group discussions on ERM program challenges and best practices
  • Sharing experiences and lessons learned


Course Features

  • Interactive and engaging course content
  • Comprehensive coverage of the COSO ERM Framework
  • Personalized learning experience
  • Up-to-date information and best practices
  • Practical and real-world applications
  • High-quality course content and materials
  • Expert instructors with extensive experience in ERM
  • Certification upon completion of the course
  • Flexible learning options, including online and self-paced
  • User-friendly and mobile-accessible course platform
  • Community-driven discussion forums and support
  • Actionable insights and hands-on projects
  • Bite-sized lessons and lifetime access to course content
  • Gamification and progress tracking features


Certification

Upon completion of the course, participants will receive a certificate issued by The Art of Service. This certificate is a testament to the participant's knowledge and understanding of the COSO ERM Framework and their ability to implement and maintain an effective ERM program.

,