Enterprise Risk Management is the first textbook truly adapted for higher education in the field of integrated risk management, commonly known as enterprise risk management. This textbook outlines basic and advanced risk management concepts and methods. It also describes common areas of risk applicable to every type of organization, and explores solutions for managing them. It is extensively researched from academic and professional sources. It is also consistent with the risk management guidance developed by the Committee of Sponsoring Organizations (COSO), and the International Standards Organization (ISO). However, Enterprise Risk Management is written in plain language adapted for students and novice readers. It does not require prior knowledge of risk management. It includes everything you can expect from a higher education textbook, namely learning objectives, useful definitions, clear explanations, practical examples, diagrams, tables, sidebars, review questions, and research assignments. It is adapted for higher education courses at the mid- to senior levels of undergraduate business programs. It is also very relevant for courses at the postgraduate level. Enterprise Risk Management has thirteen chapters divided in two parts.
- Part 1 – Concepts and Methods outlines the basics of risk management. It follows a progression of knowledge developed over six chapters that are logically sequenced and very well integrated to facilitate learning. By the end of part 1, readers achieve an intermediate level of knowledge of risk management concepts and methods.
- Part 2 – Common Risk Areas examines risks applicable to every organization. It includes seven chapters that cover important management functions such as strategy, organizational alignment, operations, marketing and sales, etc. In part 2, readers learn about the risks that commonly affect organizations, and how to manage those risks effectively and holistically.
Paul Fontaine is an accomplished professional who specializes in risk management and control. He holds a B.Com and MBA from the Telfer School of Management of the University of Ottawa, Canada. In addition, Paul is a Chartered Professional Accountant (CPA, Canada), a Certified Management Consultant (CMC, Canada), and a Certified Internal Auditor (CIA). Paul also holds a Certification in Risk Management Assurance (CRMA) from the Institute of Internal Auditors, and a Professional Certificate in Risk Management from the Sprott School of Business of the Carleton University in Ottawa. In addition, Paul completed the Canadian Enterprise Risk Management (CRM-E) designation of the Risk and Insurance Management Society (RIMS). When he took the CRM-E exam in 2014, Paul obtained the highest mark ever awarded by RIMS at the time.
Paul has thirty years of experience in audit, risk management and control, including three years with Ernst & Young, and seven years with Deloitte Consulting. As a management consultant for more than twenty years, many of his projects involved developing risk profiles, risk management action plans, risk management frameworks, risk management policies and guidelines, and multi-year risk-based audit plans for internal audit functions. In 2016, Paul made a career transition to become an author and publisher. For this purpose, he established Noranda Education and Noranda Publishing. Paul also offers education and professional training services in risk management. In addition, he volunteers to speak at professional and academic conferences.
