April 1, 2006 ERM: Building on Section 404 Companies can gain a competitive edge from the close monitoring of all risks that comes from fully implemented ERM processes. Initial compliance with Section 404 of the Sarbanes-Oxley Act can benefit...
February 1, 2006 Risk Management Quantification Existing enterprise risk management frameworks focus on qualitative aspects leaving room for development of a more quantitative framework. Actuarial and mathematical models could provide a more quantitative framework to provide...
January 1, 2006 ERM Guide: Frequently Asked Questions Protiviti has provided an Enterprise Risk Management Guide that addresses the fundamentals of managing risks as well as frequent questions about implementation and the value that can be achieved with...
November 1, 2005 S&P’s Enterprise Risk Management for Financial Institutions: Rating Criteria and Best Practices Standard & Poor’s Ratings Services presents Enterprise Risk Management For Financial Institutions: Rating Criteria And Best Practices. This guide presents the latest ratings criteria for assessing the trading risk management...
October 1, 2005 Turnbull Report "Internal Control: Guidance for Directors on the Combined Code (The Turnbull guidance) was first issued in 1999. In 2004, the Financial Reporting Council established the Turnbull Review Group to consider the impact...
September 30, 2005 Evolution of ERM Business professionals have varied personal definitions of enterprise risk management (ERM) based on their limited exposure to the new idea and their specific encounters with its effects given their roles...
September 1, 2005 Best Practices for Structuring ERM Within the Organization In order for the risk management division to function properly, it is essential to structure it properly within the firm. The risk management division should be placed in high stature...
October 1, 2004 The Orange Book: Management of Risk – Principles and Concepts The original Orange Book was published by the British government in 2001 to promote more robust risk management practices in government sectors. Since 2001, organizations have begun to now have basic risk...
September 1, 2004 The Australian/New Zealand Risk Standard "This Standard provides a generic guide for managing risk. This Standard may be applied to a very wide range of activities, decisions or operations of any public, private or community...
September 1, 2004 COSO’s “Enterprise Risk Management - Integrated Framework” "This Enterprise Risk Management – Integrated Framework expands on internal control, providing a more robust and extensive focus on the broader subject of enterprise risk management. While it is not intended...
September 1, 2004 COSO’s Enterprise Risk Management – Integrated Framework COSO issued Enterprise Risk Management – Integrated Framework in September 2004. This framework was issued to provide companies with key principles and concepts, a common language, and clear direction and guidance regarding...
June 1, 2004 Basel II: International Convergence of Capital Measurement & Capital Standards: A Revised Framework "This report presents the outcome of the Basel Committee on Banking Supervision’s (“the Committee”) work over recent years to secure international convergence on revisions to supervisory regulations governing the...
October 31, 2003 Developing a Corporate Program for Risk Management The view of risk management is evolving. The question today is whether corporate risk management should be handled on an individual level or through a company-wide initiative, otherwise known as...
May 1, 2003 Casualty Actuarial Society’s Overview of Enterprise Risk Management "This document is intended primarily to further the risk management education of candidates for membership in the Casualty Actuarial Society (CAS). Current members of the CAS as well as other...
April 1, 2003 ERM Infrastructure and Risk Intelligent Systems Enterprise risk management (ERM) is the key to resolving some of the demands for more corporate transparency from investors. ERM is a process that changes how an organization identifies risks...
March 1, 2002 South Africa’s King Report on Corporate Governance, 2002 In 1994 the King Report on Corporate Governance (King I) was published by the King Committee on Corporate Governance, headed by former High Court judge, Mervyn King S.C. King I,...