COSO enterprise risk management: establishing effective governance, risk, and compliance processes

A fully updated, step-by-step guide for implementing COSO's Enterprise Risk Management COSO Enterprise Risk Management, Second Edition clearly enables organizations of all types and sizes to understand and better manage their risk environments and make better decisions through use of the COSO ERM framework. The Second Edition discusses the latest trends and pronouncements that have affected COSO ERM and explores new topics, including the PCAOB's release of AS5; ISACA's recently revised CobiT; and the recently released IIA Standards. Offersyou expert advice on how to carry out internal control responsibilities more efficiently Updates you on the ins and outs of the COSO Report and its emergence as the new platform for understanding all aspects of risk in today's organization Shows you how an effective risk management program, following COSO ERM,can help your organization to better comply with the Sarbanes-Oxley Act Knowledgeably explains how to implement an effective ERM program Preparing professionals develop and follow an effective risk culture, COSO Enterprise Risk Management, Second Edition is the fully revised, invaluable working resource that will show you how to identify risks, avoid pitfalls within your corporation, and keep it moving ahead of the competition. INDICE: Preface. Chapter 1: Introduction: Enterprise Risk Management Today. The COSO Internal Controls Framework: How Did We Get Here? The COSO InternalControls Framework. COSO Internal Controls: The Principle Recognized InternalControls Standard. An Introduction to COSO ERM. Governance, Risk, and Compliance. Global Computer Products: Our Example Company. Chapter 2: Importance of Governance, Risk, and Compliance Principles. Road to Effective GRC Principles. Importance of GRC Governance. Risk Management Component of GRC. GRC and Enterprise Compliance. Importance of Effective GRC Practices and Principles. Chapter3: Risk Management Fundamentals. Fundamentals: Risk Management Phases. Other Risk Assessment Techniques. Chapter 4: COSO ERM Framework. ERM Definitions andObjectives: A Portfolio View of Risk. COSO ERM Framework Model. Other Dimensions of the ERM Framework. Chapter 5: Implementing ERM in the Enterprise. Rolesand Responsibilities of an Enterprise Risk Management Function. Risk Management Policies, Standards, and Strategies. Business, IT, and Risk Transfer Processes. Risk Management Reviews and Corrective Action Practices. ERM Communications Approaches. CRO and an Effective Enterprise Risk Management Function. Chapter 6: Importance of Strong Enterprise Governance Practices. History and Background of Enterprise Governance: A U.S. Perspective. Enterprise Integrity and Ethical Behavior. Disclosure and Transparency. Rights and Equitable Treatment ofShareholders and Key Stakeholders. Governance Role and Responsibilities of the Board. Governance as a Key Element of GRC. Chapter 7: Enterprise Compliance Issues Today. Compliance Issues Today. Establish a Compliance Assessment Team.Compliance Risk Assessments and Compliance Program Reviews. Work-Unit Level Compliance Tracking and Review Processes. Compliance-Related Procedures and Staff Education Programs. Enterprise Hot Line Compliance and Whistleblower Support. Assessing the Overall Enterprise Compliance Program. Chapter 8: IntegratingERM with COSO Internal Controls. COSO Internal Controls Background and Earlier Legislation. Efforts Leading to the Treadway Commission. COSO Internal Controls Framework. COSO Internal Controls and COSO ERM: Compared. Chapter 9: Sarbanes-Oxley and Enterprise Risk Management Concerns. Sarbanes-Oxley Act Background. SOx Legislation Overview. Enterprise Risk Management and SOx Section 404 Reviews. Internal Controls Reporting and Materiality. PCAOB Risk-Based AuditingStandards. Sarbanes-Oxley: The Other Sections. SOx and COSO ERM. Chapter 10: Corporate Culture and Risk Portfolio Management. Whistleblower and Hotline Functions. Risk Portfolio Management. Integrated Enterprise-Wide Risk Management.Chapter 11: OCEG Capability Model GRC Standards. GRC Capability Model Red Book. Other OCEG Materials: The Burgundy Book. Level and Scope of the OCEG Standards Setting Authority. Chapter 12: Importance of GRC Principles in the Board Room. Board Decisions and Risk Management. Boa

• ISBN: 978-0-470-91288-1
• Editorial: John Wiley & Sons
• Encuadernacion: Cartoné
• Páginas: 384
• Fecha Publicación: 17/08/2011
• Nº Volúmenes: 1
• Idioma: Inglés