COSO ERM

COSO ERM (Enterprise Risk Management) provides a structured framework for organizations to identify, assess, and manage risks that could impact their objectives. It helps organizations anticipate potential problems, reduce surprises, and improve decision-making by integrating risk management into all levels of operations. The framework emphasizes a proactive approach, promoting a culture of awareness and responsibility, and aims to create value by balancing risk-taking with strategic goals. Ultimately, COSO ERM supports organizations in being resilient and better prepared for uncertain events.