COSO ERM 2017-Review and Revision-Health and Safety
Title of the Audit Working Paper(s): COSO – 2017 Enterprise Risk Management – Integrated Framework
Purpose of the working paper. COSO -2017 - Enterprise Risk Management - Integrating with Strategy and Performance, Risk influences an organization's strategy and performance throughout the process from strategic planning to operational activities. So it is important to embedding the risk management across all organizational actives i.e. from setting mission, vision, strategic planning and operational activities.
Audit objectives for the working paper. This template defines the procedure to conduct audit as per COSO models and ultimate bring improve operations, compliance and reporting structure of the organization.
Industry sector for your contribution (i.e. life insurance, banking, energy, etc.) The template is relevant to all industries.
Functional area for your audit program. COSO Component : Review and Revision
"COSO Principle # 17: Pursues Improvement in Enterprise Risk Management
Function: Health & Safety
Key words to help categorize programs and facilitate searches. COSO - 2017 ERM, Enterprise Risk Management - Integerated Framework, COSO Integrating with strategy and performance.