Title of the Audit Working Paper: COSO ERM - Performance - Implementing Risk Response Procurement
Purpose of the working paper: 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.
Key terms: COSO ERM, Enterprise Risk Management, Integrated Framework, COSO Integrating with strategy and performance.
All materials contained on this site are protected by United States copyright law and may not be reproduced, distributed, transmitted, displayed, published, broadcast, performed nor used to prepare derivative works, without the prior written permission of AuditNet®. You may not alter or remove any trademark, copyright, logo or other notice from copies of the content. For further information, see section 1 of the Terms and Conditions and section 2 of the Subscriber Access Agreement.