Overview: In 2004, the Committee of Sponsoring Organizations of the Tread way Commission (COSO), issued a principle-based guidance on designing and implementing an effective enterprise-wide approach to risk management. This guidance defines essential components - such as risk appetite, risk tolerance and portfolio view, provides guidance using common principles, and provides counseling and strategy for an effective program.Why should you Attend:Enterprise risk management is a critical function to an organization to emphasize a top down approach and to identify process improvement from an organization wide perspective.Enterprise Risk Management when working effectively is the driving force behind decisions made by the Board of Directors, to ensure they are making wise decisions, ERM compliance needs to be enforced.Enterprise Risk Management is a process and exposes the organization to risk, to hedge that risk and understand that risk they need to be governed - an audit is an excellent governance tool.Enterprise Risk Management is an evolving function and proper auditing and reporting should be done to measure effectiveness and maturity.Auditing can provide valuable insight to the Enterprise Risk Management team.Areas Covered in the Session:How to measure the effectiveness of your Enterprise Risk Management teamAudit’s role form a hands off approachMeeting Audit committees needsAuditing while maintaining independenceProviding assurance on risk managementWho Will Benefit:Chief Audit ExecutivesAuditorsRisk ManagersProject Management Office