The Updated COSO Enterprise Risk Management (ERM) Framework: Integrating with Strategy & Performance

Presented by KPMG & Financial Executives International
 1 Hour | Watch Archived Webinar | Download Webinar (PDF)

In September of this year, The Committee of Sponsoring Organizations of the Treadway Commission (COSO) released their highly anticipate updated ERM Framework: Enterprise Risk Management – Integrating with Strategy and Performance. This new document builds on its predecessor, the 2004 Enterprise Risk Management – Integrated Framework, one of the most widely recognized and applied risk management frameworks in the world. The update to the 2004 publication addresses the evolution of enterprise risk management and the need for organizations to improve their approach to managing risk to meet the demands of an evolving business environment. This webinar will present a solid foundational review of the updated framework as well as provide insights into the importance of considering risk in both the strategy-setting process and in driving business performance.

Learning Points:
  • The new framework structure is made up of five components and introduces 20 key principles within each of the five components.
  • It focuses on integrating ERM with business practices which results in better information and leads to enhanced performance.
  • The updated document links to Strategy & Performance and emphasizes how entities create, preserve, and realize value.


By registering for this professional development event, you provide consent to FEI to share your contact information with the organizer/sponsor, who may use it to communicate directly regarding this opportunity and/or other products/services.

Questions? Contact FEI's Professional Development Department at conf@financialexecutives.org or 973-765-1029

 

Speakers

James Davenport

CFO
Farmers New World Life Insurance

Robert Hirth

Chairman
COSO

Mr. Deon Minnaar

Partner
KPMG.

Paul Sobel

Vice President/Chief Audit Executive
Georgia-Pacific, LLC