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Risk Assessment Practice - Deloitte

Thought Leadership in ERM. C o m m i t t e e o f S p o n s o r i n g O r g a n i z a t i o n s o f t h e T r e a d w a y C o m m i s s i o n Thought Leadership in ERM. R i s k A ssessme n t R i s k i n A ssessme n t P ract i ce i n P ract i ce By Deloitte & Touche LLP. Dr. Patchin Curtis | Mark Carey Committee of Sponsoring Organizations of the Treadway Commission s rg The information contained herein is of a general nature and based on authorities that are subject to change. Applicability of the information to specific situations should be determined through consultation with your professional adviser, and this paper should not be considered substitute for the services of such advisors, nor should it be used as a basis for any decision or action that may affect your organization.

The Risk Assessment Process 2 Develop Assessment Criteria 3 Assess Risks 8 Assess Risk Interactions 12 Prioritize Risks 14 Putting It into Practice 18 About COSO 19 About the Authors 19 Contents Page w w w . c o s o . o r g COSO-ERM Risk Assessment in Practice-INTERIOR_r2_FINAL.indd 3 10/4/12 10:02 AM

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