COSO ERM explains the flaw in risk appetite statements

Published: 21/10/2017
COSO ERM explains the flaw in risk appetite statements
Source: NORMANMARKS.WORDPRESS.COM

Yes. I really mean that. Of course, COSO ERM 2017 pushes organizations to establish “risk profiles” (a.k.a., lists of risks or risk registers) and their risk appetite. But if you look carefully you will see one paragraph in the COSO update that explains why devotion to compliance with a risk appetite statement can lead an […]

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