This session will demonstrate the importance of creating a holistic program integrity approach that considers the impact of the organization's internal controls and ERM program.
As agencies mature their ERM programs, leveraging them to support and strengthen other agency-wide management activities boosts ERM value and improves mission success. Integrating ERM and internal controls can provide more assurance that mitigants and controls for enterprise-level risks are operating effectively.
ERM programs can help internal control and audit functions prioritize high-risk areas for oversight. Additionally, they can augment fraud risk management by creating a culture of risk awareness. Employees throughout the agency begin to proactively identify risk and provide risk reporting processes to improve program integrity.