Enterprise Risk Management and COSO: A Guide for Directors, Executives, and Practitioners

Traditionally, risk assessment has been viewed as an imprecise art, the relative success of which cannot be measured or quantifiedÉuntil now. Quantitative COSO Risk Management defines a quantitative approach to risk assessment and internal control validation that allows management to assess, measure, and score compliance and risk mitigation activities compatible with the COSO models of control and risk assessment. The book provides regulators, shareholders, senior management, and external advisors with the tools to improve oversight of control structures through quantified scores.