Using your own organization or an organization with which you are familiar, develop a report in which you outline a plan to implement enterprise risk management based on the Committee of Sponsoring Organizations of the Treadway Commission (COSO) recommendations.

You must provide an explanation of the history and application of the COSO recommendations. You must distinguish among preventive, detective, and corrective internal controls and give examples of each in the organization. If none exists, you must recommend them and explain how they would be implemented. You must recommend a preventive solution that incorporates risk mitigation. The paper must demonstrate the application of critical thinking and analysis, be well-written, and adhere to APA requirements.

Be sure to incorporate key concepts from your readings where appropriate.