Enterprise Risk Management Best Practices: From Assessment to Ongoing Compliance



"Enterprise Risk Management Best Practices" takes you step-by-step through the entire process of getting a cost-effective risk management program up and running in any organization, regardless of its size, structure or culture. 

Addressing the development of programs in two major areas – enterprise risk management and ongoing compliance – this book provides a simplified explanation of related concepts to help demystify this deceptively easy-to-execute program. 

In this hands-on guide, you’ll discover how to:  

  • Assign roles and responsibilities through a corporate governance/organization framework
  • Use risk management offensively instead of the more common defensive reaction to incident occurrence
  • Launch a formal company-wide risk assessment executed by upper-echelon staff
  • Take intelligent risks through a well-designed risk management program
  • Implement the process with step-by-step, user-friendly directions
  • Apply the risk assessment process to your financial controls
  • Use technology effectively in your program


Optimize your company’s risk profile with the user-friendly tools and strategies found in "Enterprise Risk Management Best Practices".

Product Details

ISBN 978-0-470-91740-4
Hardcover, 180 PAGES

Table of Contents:

  • Chapter 1: Enterprise Risk Management Overview
  • Chapter 2: Corporate Governance and Roles and Responsibilities
  • Chapter 3: ERM Defined
  • Chapter 4: The ERM Process: Step by Step
  • Chapter 5: COSO Framework and Financial Controls
  • Appendix 5A: Whistleblower Program
  • Appendix 5B: Excerpt from a Code of Ethics Policy
  • Appendix 5C: Approval Policy and Procedures
  • Chapter 6: Financial Controls and Risk Assessment
  • Appendix 6A: Entity Level Control Assessment
  • Appendix 6B: Accounts Payable: Preliminary Controls Assessment Questionnaire
  • Appendix 6C: Fraud Risk Factors: AU Section 316
  • Chapter 7: Ongoing Compliance Overview
  • Chapter 8: Ongoing Compliance Challenges
  • Chapter 9: Addressing Compliance and Risk Management Challenges through Automation
  • Chapter 10: Ongoing Compliance and IFRS