Episode 17: Enterprise Risk Management and Risk Management Framework

COSO Enterprise Risk Management (ERM) Framework and Its Components | CMA (US)-PART 2 Lec 15

​A 26-year-old Nairobi entrepreneur, Roselyne Ogale, is counting massive losses after a devastating fire destroyed her furniture business, valued at approximately KSh 12 million. The incident occurred while workers and customers were inside the workshop. According to Ogale, the fire began at the entrance and quickly intensified after reaching an electric wire, making it impossible to salvage the property. ​Ogale established the enterprise over three years using her personal savings of KSh 50,000