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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:
1. Summarize the COSO Risk Management Framework and
COSO’s ERM process.
2. 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.
3. Analyze the methods for establishing key risk indicators (KRIs).
4. Suggest the approach that the organization needs to take in order
to link the KRIs with the organization’s strategic initiatives.
5. 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.