In today s rapidly changing business climate, organizations are looking for proactive ways to foresee risks. To be successful, organizations must find ways to create new value and protect existing value from being prematurely destroyed. Managing the risks associated with any strategic plan is important to the organization s ongoing success. Internal auditors are an integral part of an organization achieving and sustaining success.
They play an important role in all phases of ERM implementation and can help validate and improve ERM activities by aligning their ongoing audit activities with the ERM objectives. This book provides a roadmap for all internal auditors, regardless of their ERM expertise, to translate complex ERM concepts into concrete guidance that internal auditors find straightforward and practical.