Course curriculum

  • 1

    Introduction

    • What is ISO & COSO?

    • Introduction to COSO

    • COSO ERM Update in 2016

    • Framework of COSO

    • Areas covered under ISO 31000

    • Basic Differences between ISO 31000 & COSO Framework

  • 2

    COSO Framework

    • COSO Framework

    • Considerations for implementing the COSO ERM framework – where to start?

    • First step is to do a self evaluation

    • Steps to do Analysis

    • The COSO ERM framework has five components

    • How to integrate risk management practices

    • Principles of Enterprise Risk Management

    • Risk capacity and Risks need

    • Alignment of goals with risk tolerance with risk need

    • Enterprise Risk Management (ERM)

  • 3

    ISO 31000 Framework

    • Principles, framework and risk management process under ISO 31000

    • The eight principles of ISO 31000

  • 4

    Differences & Similarities between COSO and ISO 31000

    • Areas common to both COSO and ISO 31000

    • Key differences between COSO and ISO 31000

    • Key differences between the two

    • Which One is Better? ISO 31000 vs COSO?

  • 5

    COSO ERM Components

    • COSO ERM Components

    • Internal Environment

    • Objective Setting

    • Event Identification

    • Risk Assessment

    • Risk Response

    • Control Activities

    • Information & Communication

    • Monitoring

    • Considering the human element in controls

    • Best Option is to customize ERM...

    • Conclusion

  • 6

    Thank You

    • Thank you for your participation!

  • 7

    Resources

    • Additional Reading

    • Riskpro Video

    • Riskpro Brochure

    • About Riskpro

    • Thank You

  • 8

    Feedback Survey

    • Please Share Your Feedback