• List Price: $63.50
  • Save: $18.25 (29%)
Rented from Amazon Warehouse Deals
To Rent, select Shipping State from options above
Due Date: May 28, 2015
FREE return shipping at the end of the semester. Access codes and supplements are not guaranteed with rentals.
Sell yours for a Gift Card
We'll buy it for $2.00
Learn More
Trade in now
Have one to sell? Sell on Amazon
Flip to back Flip to front
Listen Playing... Paused   You're listening to a sample of the Audible audio edition.
Learn more
See this image

COSO Enterprise Risk Management: Understanding the New Integrated ERM Framework Hardcover – April 27, 2007

ISBN-13: 978-0471741152 ISBN-10: 0471741159 Edition: 1st

Price: $45.25
11 New from $66.54 23 Used from $12.46 1 Collectible from $56.44
Amazon Price New from Used from
"Please retry"
$66.54 $12.46

Best Books of the Month
Best Books of the Month
Want to know our Editors' picks for the best books of the month? Browse Best Books of the Month, featuring our favorite new books in more than a dozen categories.

Product Details

  • Hardcover: 384 pages
  • Publisher: Wiley; 1 edition (April 27, 2007)
  • Language: English
  • ISBN-10: 0471741159
  • ISBN-13: 978-0471741152
  • Product Dimensions: 6.4 x 1.2 x 9.1 inches
  • Shipping Weight: 1.5 pounds
  • Average Customer Review: 3.0 out of 5 stars  See all reviews (3 customer reviews)
  • Amazon Best Sellers Rank: #1,181,968 in Books (See Top 100 in Books)

Editorial Reviews


"In the book…Robert Moeller aims to help business professionals at all levels-from staff internal auditors to corporate board members-understand risk management and make effective use of the COSO ERM framework. In COSO Moeller identifies the processes and guidance required to become better at evaluating, embracing, and managing business uncertainties and risks in order to protect and enhance enterprise value." (Strategic Finance, June 2009)

From the Inside Flap

COSO Enterprise Risk Management

Understanding the New Integrated ERM Framework

When COSO ERM was first released, some professionals inadvertently viewed this new risk-based framework as simply an update of the COSO Internal Controls framework of ten years before.?Filled with valuable advice and guidance from an industry insider, COSO Enterprise Risk Management hails COSO ERM as the new way of looking at all aspects of risk in today's organization, equipping professionals to better understand the COSO ERM framework and make maximum use of this tool in evaluating the risks associated with all business decisions.

Using the COSO ERM framework's model and terminology, this timely book discusses the importance of understanding the various risks facing many aspects of business operations and helps professionals develop and follow an effective risk culture for many business and operating decisions. To this end, a hypothetical company, "Global Computer Products, Inc.," illustrates the practical application of COSO ERM within realistic corporate circumstances.

COSO Enterprise Risk Management thoroughly provides clear-cut guidance on relevant topics including:

  • The importance of enterprise risk management today

  • Key concepts and terminology used in risk assessments

  • ERM as an overall structure, integrating the strategic, operational, reporting, and compliance objectives

  • The ways in which the COSO ERM framework approach can help an organization to better manage risks and to achieve key objectives

  • Information technology and ERM including discussion of application systems risks, effective continuity planning, and worms, viruses, and systems network access risks

Compliance with well-recognized and mandated standards are important for every organization and allows a corporation to demonstrate that they are following best practices and are in conformity with regulatory rules. COSO Enterprise Risk Management uniquely helps business professionals at all levels——from staff internal auditors to corporate board members——to understand risk management in general and make more effective use of the new COSO ERM risk management framework.

More About the Author

Robert Moeller is a Chicago-based IT project management and internal audit specialist. He has a University of Minnesota engineering degree and a University of Chicago MBA. His professional certifications include a CPA, CISA, PMP, CISSP and others. He started his working career developing IT systems, then moved to IT internal auditing, and then project management.

Moeller has launched IT audit functions in several companies, was National Director of IT Audit for Grant Thornton, became Internal Audit director for Sears Roebuck and then went on to project management internal control project assignments throughout North and South America. He has been very active professionally where he chaired or served on state and national committees for the AICPA, the IIA, ISACA and others.

Robert developed his first book on IT auditing when he felt there was not enough adequate and up to date guidance on the profession. His many and ongoing books since include multiple editions of Brink's Modern Internal Auditing where he has defined a Common Body of Knowledge for the Profession of Internal Auditing.

Robert's other interests include sailing on Lake Michigan, skiing in the Western U.S., gardening as well as cooking vegetables, international travel, and participating with his wife Lois in Chicago area theater, music and arts activities.

Customer Reviews

3.0 out of 5 stars
5 star
4 star
3 star
2 star
1 star
See all 3 customer reviews
Share your thoughts with other customers

Most Helpful Customer Reviews

10 of 10 people found the following review helpful By Lanyu on April 2, 2009
Format: Hardcover Verified Purchase
The first few chapters were meaningful, but the more I read, the more I kept thinking, "wait, I read that before." Sure enough, it would just be a repeat of an earlier chapter, just expounded a bit more.
The author even has a chapter on project management risks, but basically just summarizes information which is on PMBOK, without really relating it to ERM.
I had to read it for a course on ERM, but I wish I didn't have to read the entire book. Other than the first few pages, it was useless information.
Comment Was this review helpful to you? Yes No Sending feedback...
Thank you for your feedback. If this review is inappropriate, please let us know.
Sorry, we failed to record your vote. Please try again
8 of 8 people found the following review helpful By Victor on November 20, 2008
Format: Hardcover Verified Purchase
I purchased the book based on the single review on this site. However, as I started reading it, I realized that the book is not worth purchasing. Every chapter is a collection of sentences repeated written with a sole purpose of filling pages. All the ideas in the book can be said in 20 pages. Very disappoined!
Comment Was this review helpful to you? Yes No Sending feedback...
Thank you for your feedback. If this review is inappropriate, please let us know.
Sorry, we failed to record your vote. Please try again
3 of 9 people found the following review helpful By Gerardo H. Rodriguez on November 7, 2007
Format: Hardcover
Dear Colleagues,

This book is a MASTERPIECE! I couldn't stop reading over and over sections and chapters about a reality to come soon: the implementation of COSO-ERM as it goes nationally and globally, once it will become officially recognized as an ISO standard.

Robert Moeller, who is also the author of Brink's Modern Internal Auditing, sixth edition, revealed a high level of knowledge and expertise and he brought it down at an understandable level. Could you imagine expanding your knowledge about COSO-ERM while you enjoy reading chapter thru chapter all aspects of this multidimensional model?
Yes, Robert Moeller fulfilled his purpose to provide guidance for better understanding COSO ERM and its level of importance. I learned and understood every detailed Moeller's explanations and experiences related to this topic.

I HIGHLY recommend this book to all individual and stakeholders but not limited to senior managers, internal and external auditors, corporate boards of directors, investors, all vendors. This is the strength of COSO-ERM: includes all aspects of any business form and it also "concerns and impacts people beyond the executive offices" (Moeller, 346). After you read this book, you will be ready to move up to a higher level of understanding COSO ERM as well I am prepared to participate on an active role of this framework.

For less than $75 you will gain a deep knowledge for understanding COSO-ERM. It is WORTHY to invest on this book! I can't wait to reading more about Moeller's experience and knowledge about COSO-ERM as he could expand it on subsequent editions of this MASTERPIECE!
Comment Was this review helpful to you? Yes No Sending feedback...
Thank you for your feedback. If this review is inappropriate, please let us know.
Sorry, we failed to record your vote. Please try again