Risk Management
Rewriting the Textbook on Risk Oversight
A look at emerging ideas and practices in the board's oversight of risk.
Highlights from the 5th Annual Audit Committee Issues Conference
Audit committee and board oversight is very different today than it was a year ago. Survey findings and dialogue from our Annual Audit Committee Issues Conference point to key trends and top concerns driving audit committee agendas in 2009.
View the report.
Effective Enterprise Risk Oversight – The Role of the Board Directors
The role of the board of directors in enterprise-wide risk oversight has become increasingly challenging as expectations for board engagement are at all time highs. Risk is a pervasive part of everyday business and organizational strategy. But, the complexity of business transactions, technology advances, globalization, speed of product cycles, and the overall pace of change have increased the volume and complexities of risks facing organizations over the last decade.
Boards are being asked – and many are asking themselves – could they have done a better job in overseeing the management of their organization’s risk exposures, and could improved board oversight have prevented or minimized the impact of the financial crisis on their organization?
COSO’s newly-released paper, Effective Enterprise Risk Oversight: The Role of the Board of Directors, aims to help boards of directors strengthen their oversight of enterprise risks.
Economic Crisis, Uncertainty, and Change: A New Era of Governance and Oversight (Audit Committee Roundtable Highlights - Spring 2009)
This new report from ACI recaps hot topics and key survey findings from KPMG's 29-city Audit Committee Roundtable Series. Information quality, risk conversations, board culture, and compensation risks were front-and-center.
Oversight of Risk Management: Considering the Audit Committee’s Role and Responsibilities (Audit Committee Roundtable Highlights – Spring 2006)
This 12-page publication provides an overview of the emerging trends and leading practices regarding the audit committee’s oversight of of risk management, as discussed by audit committee members and C-level executives during ACI's Spring 2006 roundtable series.
How It All Fits Together - Audit Committee Communications and Coordination with the Board and Other Committees
Fall 2006 – How It All Fits Together - Audit Committee Communications and Coordination with the Board and Other Committees
Enterprise Risk Management - Complacency
Is No Longer an Option, But a Practical Start Is
In an environment in which risks are proliferating, shareholders
are demanding growth, and first-movers are expanding rapidly into
new markets, many leaders recognize that implementing an enterprise
risk management (ERM) program is becoming an urgent business priority.
The KPMG's Advisory practice has produced a new white paper entitled
"Enterprise Risk Management – Complacency is No Longer
an Option, But a Practical Start Is" that explains that with
a clear and practical vision and a few key steps, leaders can build
on existing risk assessments to get an ERM effort under way.
|
