Enterprise Risk Management and COSO: A Guide for Directors, Executives and Practitioners

Description

Praise for Enterprise Risk Management and COSO

A Guide for Directors, Executives, and Practitioners

"This book represents a unique guide on how to manage many of the critical components that constitute an organization's corporate defense program."
—Sean Lyons, Corporate Defense Management (CDM) professional

"This book provides a comprehensive analysis of enterprise risk management and is invaluable to anyone working in the risk management arena. It provides excellent information regarding the COSO framework, control components, control environment, and quantitative risk assessment methodologies. It is a great piece of work."
—J. Richard Claywell, CPA, ABV, CVA, CM&AA, CFFA, CFD

"As digital information continues its exponential growth and more systems become interconnected, the demand and need for proper risk management will continue to increase. I found the book to be very informative, eye-opening, and very pragmatic with an approach to risk management that will not only add value to all boards who are maturing and growing this capability, but also will provide them with competitive advantage in this important area of focus."
—David Olivencia, President, Hispanic IT Executive Council

Optimally manage your company's risks, even in the worst of economic conditions

There has never been a stronger need for sound risk management than now. Today's organizations are expected to manage a variety of risks that were unthinkable a decade ago. Insightful and compelling, Enterprise Risk Management and COSO reveals how to:


Successfully incorporate enterprise risk management into your organization's culture
Foster an environment that rewards open discussion of risks rather than concealment of them
Quantitatively model risks and effectiveness of internal controls
Best discern where risk management resources should be dedicated to minimize occurrence of risk-based events
Test predictive models through empirical data