Risk Management in the Public Sector
Two decades ago, the Committee of Sponsoring Organizations of the Treadway Commission (COSO) issued a framework to help businesses assess and enhance their internal control systems. The framework is called Enterprise Risk Management (ERM) and its purpose is to help organizations improve risk management. But far from a one-size-fits-all framework, ERM takes on added complexities in government applications. Learn the critical differences between private and public sector risk management and maximize your ability to apply appropriate techniques.