Updated COSO ERM Framework Webinar

Updated COSO ERM Framework Webinar

Risk Management has been a tool used by many enterprises to protect and enhance value. The original Enterprise Risk Management (ERM) – Integrated Framework published by the Committee of Sponsoring Organizations of the Treadway Commission (COSO) in 2004 is a commonly adopted framework that organizations refer to when setting up their risk management programmes. Today, entities’ risk exposures are changing and evolving more rapidly than ever before. The ERM initiatives in many companies are no longer able to meet the strategic needs of the business.

In view of the issues encountered by some organizations when implementing the original ERM framework, drastic risk management breakdowns in recent years and the increasing complexity of the business environment, COSO released its “Enterprise Risk Management – Aligning Risk with Strategy and Performance” for public exposure and comment in 2016.  

Now that the Committee of Sponsoring Organizations (COSO) has finalized its Enterprise Risk Management (ERM) – Integrating with Strategy and Performance, it is time to take a fresh look at ERM and its potential value as a tool for driving risk-informed decision making. In the era of disruptive change, enterprise leaders should understand the new concepts and emphasis of the updated framework, and make use of it to evaluate their ERM approach with the objective to strengthen it.

Objectives of this webinar:

  • Challenges faced by companies in implementing ERM
  • Challenging the ERM status quo
  • Structure of the updated framework and elements for effective ERM
  • Critical themes in the updated ERM framework
  • How to move the ERM initiative of your organization forward 

Speaker

Vincent Leung
Vincent Leung
Managing Director
Vincent is a Managing Director in Protiviti Greater China based in Hong Kong with more than 20 years of audit and risk consulting experience. Vincent specializes in the provision of Internal Audit and other business and risk consulting services including Sarbanes-Oxley and Financial Reporting Controls Compliance, Enterprise Risk Management, Business Process Improvement and Capital Projects Consulting. Learn more...

We invite you to join this one-hour long webinar on 16 January 2018 at 11 A.M. Hong Kong time.

 

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Webinar
Date
16 Jan 2018
Time
11:00 AM HKT
Location
Hong Kong S.A.R., China
Event Type
Tuesday, January 16, 2018 - 11:00am