Summarize the coso risk management framework

Assignment Help Management Information Sys
Reference no: EM131828653 , Length: 3

Assignment : ERM Roadmap

The following material may be useful for the completion of this assignment. You may refer to the documents titled "Embracing Enterprise Risk Management: Practical Approaches for Getting Started" and "Developing Key Risk Indicators to Strengthen Enterprise Risk Management".

Imagine you are an Information Technology Manager employed by a business that needs you to develop a plan for an effective Enterprise Risk Management (ERM) program. In the past, ERM has not been a priority for the organization.

Failed corporate security audits, data breaches, and recent news stories have convinced the Board of Directors that they must address these weaknesses.

As a result, the CEO has tasked you to create a brief overview of ERM and provide recommendations for establishing an effective ERM program that will be used as a basis to address this area moving forward.

Write a three to four (3-4) page paper in which you:

Summarize the COSO Risk Management Framework and COSO's ERM process.

Recommend to management the approach that they need to take to implement an effective ERM program. Include the issues and organizational impact they might encounter if they do not implement an effective ERM program.

Analyze the methods for establishing key risk indicators (KRIs).

Suggest the approach that the organization needs to take in order to link the KRIs with the organization's strategic initiatives.

Use at least three (3) quality resources in this assignment (in addition to and that support the documents from the COSO Website referenced in this assignment). Note: Wikipedia and similar Websites do not qualify as quality resources.

Your assignment must follow these formatting requirements:

Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions.

Include a cover page containing the title of the assignment, the student's name, the professor's name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length

Reference no: EM131828653

Questions Cloud

Sales-marketing executives international : Sales & Marketing Executives International, Inc., was founded in 1935. Today it has over 10,000 members. In 1952 SMEI founded Pi Sigma Epsilon
Prepare entries on Lawton Co books related to transactions : Prepare the entries on Lawton Co.'s books related to the transactions that occurred on January 10, February 12, and March 10. (Omit cost of goods sold entries.)
Write a term paper on the topic byod policies : You must write a 5 pages term paper on the topic BYOD Policies, In addition to the 5 pages of the paper itself.
Situation faced by both scott patterson and larry ingram : 1. Describe the situation faced by both Scott Patterson and Larry Ingram. 2. What would you do if you were Scott Patterson?
Summarize the coso risk management framework : Recommend to management the approach that they need to take to implement an effective ERM program.
Describe the situation faced by kara : 1. Describe the situation faced by Kara. 2. What would you do if you were Kara? 3. What are the ethical considerations, if any, in this case?
List two features of the asynchronous connection : List two features of the asynchronous connection that allow the receiver to stay in sync with the incoming data stream.
What is the net realizable value of the receivables : At the beginning of the current period, Rose Corp. had balances in Accounts Receivable of $200,000 and in Allowance for Doubtful Accounts of $9,000 (credit).
What three types of buying situations : What three types of buying situations may the buyer be in when contacted by a salesperson? Briefly describe each type.

Reviews

Write a Review

Management Information Sys Questions & Answers

  Create a context diagram of the system

Describe the information system organization you selected. Create a context diagram of the system - be sure you use a readable software program such as MS Word, MS PowerPoint, or Visio to create your diagram

  Explain the importance of the chosen metrics

Explain the importance of the chosen metrics and How do these measurements help to ensure competitive advantage?

  Describe it steering committee and the role each member play

The definition IT Governance and why it is important in the IT industry. Describe IT steering committee and the role each member plays.

  Systems evolution

Systems Evolution - Must include an introduction and conclusion in accordance with the paper.

  Assembles custom home computer system

Custom Computers, Inc. assembles custom home computer system

  Prepare five major goals for the it strategic plan

Develop at least five major goals for the information technology strategic plan. Determine at least five information technology personnel.

  Local franchises co-operation with corporate parents 7-11in

local franchises co-operation with corporate parents 7-11in your opinion does 711 japan ensure that local

  Describing an effective counterespionage program

1,050- to 1,400-word paper describing an effective counterespionage program for a large software development company

  External financial reporting problem

Nicole, Inc. uses iGAAP for its external financial reporting. During 2009, an employee of the company was injured in the factory. Discussions with corporate attorneys resulted in a determination that the company would be required to pay between $1..

  Privacy and social media

Privacy and Social Media-With the increasing use of social media, many employers are considering new ways in which to screen potential employees

  Cross-functional integrated enterprise systems

Why is there a trend toward cross-functional integrated enterprise systems in business? Why would systems that enhance a company's relationships with customers have such a high rate of failure?

  Electronics company what technology can be used to further

electronics company what technology can be used to further goals amp strategies?what technology or technology resources

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd