What does the COSO ERM Mastery course cover?
COSO ERM Mastery is covered here in 10 modules: Introduction to COSO ERM: History and evolution of ERM, Overview of the COSO ERM framework, ERM Governance and Culture: Establishing a risk-aware culture, Risk Identification and Assessment: Developing a risk register and 7 more.
How do you approach COSO ERM Mastery step by step?
The work is sequenced in 10 stages. It starts with Introduction to COSO ERM: History and evolution of ERM, Overview of the COSO ERM framework, moves through ERM Governance and Culture: Establishing a risk-aware culture and Risk Identification and Assessment: Developing a risk register, and ends at Case Studies and Group Discussions: Group discussions and activities.
What is in Module 1 of the COSO ERM Mastery course?
Module 1 is Introduction to COSO ERM: History and evolution of ERM, Overview of the COSO ERM framework. It works through Overview of the COSO ERM framework, history and evolution of ERM, benefits and challenges of implementing ERM and 1 more. It sets the vocabulary the remaining 9 modules build on.
How is the COSO ERM Mastery course delivered?
The COSO ERM Mastery 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 Mastery course cost?
The COSO ERM Mastery 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 for Professionals, COSO ERM Implementation and Self Assessment Mastery, COSO ERM Implementation and Self-Assessment Mastery, COSO ERM Framework Mastery for Risk Management Essentials.
More answers: what you get with every course, refund policy, all help answers.
COSO ERM Mastery: A Step-by-Step Guide to Implementing Enterprise Risk Management
Course Overview
This comprehensive course is designed to provide participants with a thorough understanding of the Committee of Sponsoring Organizations (COSO) Enterprise Risk Management (ERM) framework and its implementation in real-world settings. Upon completion of this course, participants will receive a certificate issued by The Art of Service.Course Features
- Interactive and engaging content
- Comprehensive and personalized learning experience
- Up-to-date and practical information
- Real-world applications and case studies
- High-quality content developed by expert instructors
- Certificate of Completion issued by The Art of Service
- Flexible learning options, including mobile accessibility
- User-friendly interface and community-driven discussion forums
- Actionable insights and hands-on projects
- Bite-sized lessons and lifetime access to course materials
- Gamification and progress tracking features
Course Outline
Module 1. Introduction to COSO ERM: History and evolution of ERM, Overview of the COSO ERM framework
- Overview of the COSO ERM framework
- History and evolution of ERM
- Benefits and challenges of implementing ERM
- Key components of the COSO ERM framework
Module 2. ERM Governance and Culture: Establishing a risk-aware culture
- Understanding the role of governance in ERM
- Establishing a risk-aware culture
- Defining risk management roles and responsibilities
- Developing a risk management policy
Module 3. Risk Identification and Assessment: Developing a risk register
- Identifying and categorizing risks
- Assessing risk likelihood and impact
- Prioritizing risks
- Developing a risk register
Module 4. Risk Response and Mitigation: Developing a risk mitigation plan
- Developing risk response strategies
- Implementing risk mitigation measures
- Monitoring and reviewing risk responses
- Developing a risk mitigation plan
Module 5. Control Activities: Developing a plan, Evaluating control effectiveness
- Understanding control activities
- Designing and implementing controls
- Evaluating control effectiveness
- Developing a control activities plan
Module 6. Information and Communication: Developing a communication plan
- Understanding the role of information and communication in ERM
- Developing a communication plan
- Establishing information requirements
- Developing a data management plan
Module 7. Monitoring Activities: Developing a reporting plan, Developing a monitoring plan
- Understanding the role of monitoring activities in ERM
- Developing a monitoring plan
- Establishing metrics and benchmarks
- Developing a reporting plan
Module 8. Review and Revision: Developing a plan, Reviewing and revising the ERM framework
- Reviewing and revising the ERM framework
- Updating the risk register and risk mitigation plan
- Reviewing and revising control activities
- Developing a review and revision plan
Module 9. Advanced ERM Topics: Developing a plan for, Establishing risk tolerance levels
- Understanding advanced ERM topics, such as risk appetite and risk tolerance
- Developing a risk appetite statement
- Establishing risk tolerance levels
- Developing a plan for advanced ERM topics
Module 10. Case Studies and Group Discussions: Group discussions and activities
- Real-world case studies of ERM implementation
- Group discussions and activities
- Applying ERM concepts to real-world scenarios
- Developing a plan for implementing ERM in your organization