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

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

$197.00
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What does the COSO ERM Framework course cover?

COSO ERM Framework is covered here in 10 modules: Introduction to Enterprise Risk Management: Benefits of ERM, COSO ERM Framework Components, Risk Identification and Assessment: Risk assessment methods, Risk identification techniques and 7 more. The outline lists 43 specific topics, opening with Defining Enterprise Risk Management (ERM) and closing with sharing experiences and lessons learned.

How do you approach COSO ERM Framework step by step?

The work is sequenced in 10 stages. It starts with Introduction to Enterprise Risk Management: Benefits of ERM, moves through COSO ERM Framework Components and Risk Identification and Assessment: Risk assessment methods, Risk identification techniques, and ends at Case Studies and Group Discussions: Sharing experiences and lessons learned.

What is in Module 1 of the COSO ERM Framework course?

Module 1 is Introduction to Enterprise Risk Management: Benefits of ERM. It works through Defining Enterprise Risk Management (ERM), benefits of ERM, Overview of the COSO ERM Framework and 1 more. It sets the vocabulary the remaining 9 modules build on.

How is the COSO ERM Framework course delivered?

The COSO ERM Framework 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 Framework course cost?

The COSO ERM Framework 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 Implementation Mastery, COSO ERM Mastery, COSO ERM.

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

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: Benefits of ERM

  • 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 assessment methods, Risk identification techniques

  • 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: Control activity design, Control activity monitoring

  • 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: Identifying and addressing gaps, Monitoring ERM program performance

  • 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: Defining ERM program scope

  • 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

  • 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: Sharing experiences and lessons learned

  • 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.

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