IRM, ERM, and GRC: Is There a Difference?
Reciprocity
AUGUST 24, 2022
Not long ago, risk managers concerned themselves mainly with hazards such as fires and floods; or in the financial sector, loan defaults (credit risk). COSO’s ERM framework builds upon, and is intended to work with, the committee’s internal control framework issued in 1992 and updated in 2013. Are there differences at all?
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