Transcription of AUDITING ENTERPRISE RISK MANAGEMENT - …
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AUDITING ENTERPRISE RISK MANAGEMENT 1 ERM: A Simple Definition ERM establishes the oversight, control and discipline to drive continuous improvement of an entity s risk MANAGEMENT capabilities in a constantly changing operating environment. Integration with What Matters is Key ENTERPRISE Risk MANAGEMENT Framework Infrastructure Integration Process Become Part of the Way the Business Operates Policies Processes Organization Reporting Methodology Systems & Data Core MANAGEMENT Processes Identify risks Assess risks Prioritize risks Develop action plans Evaluate results Monitor risk responses Business objectives and strategies Culture: Enabling Activities / Minimal Dysfunctional Behavior Polling Question #1 ENTERPRISE Risk MANAGEMENT is currently being implemented in my company.
Integration with What Matters is Key Enterprise Risk Management Framework Infrastructure Process Integration Become Part of the Way the Business Operates
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