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COSO ERM - Risk Management Framework (Simple Explanation)

In this video I try to explain in simple words the background and a high-level overview of COSO ERM. Organizations employ the COSO ERM framework, which is one of two widely accepted risk management framework, to assist manage risks in an increasingly turbulent and unpredictable business environment. Other related vidoes: ISO 31000 - Risk Management Framework:    • ISO 31000 - Risk Management Framework...   Three Line of defense Model:    • 3 Lines of Defense (Model) in Risk Ma...   CIA Part 1:    • Certified Internal Auditor (CIA) I Re...   Risk Based – Annual Internal Audit Plan:    • Risk Based – Annual Internal Audit Pl...   Subscribe to channel "Stuployer" to stay tuned to more videos    / @stuployer   Please do not hesitate to share this with others who may benefit from it.