In this episode Matt Kelly and I take a deep dive into the revisions to the COSO ERM Framework, which were based on comments by practitioners. We consider the role of culture and risk, the integration of the COSO ERM Framework into functional business units moving to operationalize ERM in organizations and we consider how the ERM Framework differs yet is complimentary to the COSO Internal Controls Framework. 

 

For additional information, see Matt's Blogs posts on the COSO ERM Framework:

More Details on COSO ERM Framework

Update to COSO ERM Framework Update

ERM Framework: Govt. Calls for Unity

More Clues on Draft ERM Framework

Draft ERM Framework is Here: How to Get Started

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