Defining Risk and Uncertainty Archives

COSO Aligning Risk with Strategy and Performance

COSO Aligning Risk with Strategy and Performance, dealing with public exposure, appeared in June 2016 within the frame of Enterprise Risk Management. COSO Aligning Risk with Strategy and Performance We have read with enormous interest the document which very eloquently explains the benefits of ERM and its interactions with business strategy, operations, etc. Defining Risk and Uncertainty We started balking when we arrived at the section entitled “Defining Risk and Uncertainty”. Not because of the general concepts, but because of…