For compliance and audit executives, deciding on the right enterprise risk management (ERM) structure can be a challenge—especially as the risk landscape continues to evolve with a fierce focus on anti-corruption, anti-money laundering, and cyber-security. The trick is moving from the compliance routines of today to a more coherent ERM program tomorrow.
This e-Book, produced by Compliance Week in cooperation with Workiva, takes a closer look at ERM, starting with its origins in Sarbanes-Oxley compliance, and identifies some ways compliance officers can move to a broader ERM program.
The e-Book opens with a holistic approach to ERM and the uncertainties that exist when monitoring risks. Next, we look at the data challenges that can hinder the entire process, followed by an examination of the Committee of Sponsoring Organizations’ latest attention to the ERM integrated framework, in light of modern business conventions and practices. Then we look at some of the findings on ERM maturity and why companies might need to review the basics of their risk assessment processes. Finally, Workiva’s white paper discusses why strategic planning and measuring strategic risks are critical to success.
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