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What is RMI 131: Risk Management Frameworks about?

This document provides an introduction to risk management. It defines key risk management terms like risk, emerging risk, inherent risk, residual risk, and risk appetite. It discusses risk management frameworks like COSO and ISO 31000. It explains that the COSO framework has 5 components: governance and culture, strategy and objective setting, performance, review and revision, and information communication and reporting. The document also outlines the risk management process and discusses traditional risk m

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2yh49gwj8p

Language

EN