000			02169cam a2200241Ii 4500
001			on1030308158
003			OCoLC
007			ta
008			180403s2018 flua 000 0 eng d
020			_a9781634540117
020			_a1634540115
035			_a(OCoLC)1030308158
050			_aHF5668.25 _b.S63 2018
100	1		_aSobel, Paul.
245	1	0	_aManaging risk in uncertain times : _bleveraging COSO's new ERM framework / _cPaul J. Sobel.
260			_aLake Mary, Florida : _bInternal Audit Foundation, _cc2018.
300			_axiv, 90 p. : _bcol. ill.
505	0		_aIntroduction -- ch. 1. Overview of the framework -- ch. 2. Getting started with the new framework -- ch. 3. Using the framework as an evaluation tool -- ch. 4. Moving forward: actions for internal auditors and risk managers.
520			_aSuccessful organizations figure out ways to effectively manage their risks to thrive in an uncertain and rapidly changing world. Some rely on the experience and business savvy of their leaders; many others leverage a more disciplined approach, commonly referred to as enterprise risk management (ERM). In 2014, the Committee of Sponsoring Organizations of the Treadway Commission (COSO) announced commencement of an update to its 2004 ERM framework Enterprise Risk Management - Integrated Framework. The new framework, published in September 2017, is titled Enterprise Risk Management - Integrating with Strategy and Performance. Designed to help organizations better pursue opportunities and manage threats, the update: Recognizes the importance of strategy and entity performance as the central consideration for risk management; Better distinguishes between internal controls and ERM; Positions ERM as an integral part of decision-making. Throughout this book, author Paul Sobel provides implications for internal auditors or risk managers, and sometimes both. These implications will help them understand the new framework and provide examples of how they can be an integral part of helping their organizations successfully manage risk in uncertain times--Page 4 of cover.
650		4	_aAuditing, Internal.
650		4	_aRisk management.
942			_2lcc _cBK
999			_c2167 _d2167