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Although the ERM approach has evolved in different ways around the world, it is a leading paradigm that helps organisations identify, evaluate, and manage risks

Although the ERM approach has evolved in different ways around the world, it is a leading paradigm that helps organisations identify, evaluate, and manage risks at the enterprise level. a) Explain why the COSO 2004 has been updated. b) Discuss any TWO(2) of the vital difference between the COO 2004 and the COSO 2017.

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