COSO did not change its definition of enterprise risk management when it released the 2017 COSO ERM Report.

Question

Quizplus · Accepted Answer

The 2017 COSO ERM Report, titled "Enterprise Risk Management—Integrating with Strategy and Performance," updated the definition and framework of enterprise risk management to focus more on integrating ERM with strategy and performance, reflecting changes in the business and risk management environments since the original framework was published in 2004.

COSO Did Not Change Its Definition of Enterprise Risk Management