December 31, 2007 Emerging Expectations for Alignment of Internal Audit and Risk Oversight This report summarizes survey responses received by PricewaterhouseCoopers from chief audit executives of Fortune 250 companies about trends affecting internal auditors by 2012, particularly related to internal audit’s role in risk...
December 31, 2007 The Evolution of Risk and Controls: Seeking Value Creation KPMG partnered with the Economist Intelligence Unit to report on the evolution of risk and controls functions within organizations. This report contains findings of how companies are re-defining the roles...
December 1, 2007 Reputation Risk Management A 2008 survey investigated the status of reputation risk management at different companies and found that companies are aware of reputation risks but may not be sufficiently managing these risks. There...
September 1, 2007 Linking Governance to Strategy Finance professionals should play a key role in corporate governance, including connecting corporate governance to performance metrics and daily operations. This article examines an example of such a role in...
August 1, 2007 Political Risks Internal Auditor recently published an article titled, Assessing Political Risks, that discusses the role of chief audit executives (CAEs) as they face challenges such as unstable global markets. The article...
June 5, 2007 Risk Manager Trepidation Even though some risks may involve unpredictable natural disasters, managers need to implement plans to reduce the impact such an event(s) would have on their business. Risk managers should...
June 1, 2007 ERM Progress Internal Auditor recently published an article titled, Moving Forward with ERM, to provide news on recent developments in ERM and the increasingly important role that chief risk officers (CROs) play...
November 1, 2006 A Changing Risk Landscape – A Study of Corporate ERM in the U.S. A survey administered to financial professionals of large public companies that explores their views on the key risks facing their companies and how they are managed. The consensus is that...
September 25, 2006 Managing the Unexpected The Quarterly Journal of the EDS Agility Alliance recently published an article titled, Unwelcome Surprises, that discusses the dangers that can evolve from having a decentralized business structure that does...
April 1, 2006 Internal Auditing’s Role in ERM Internal auditors need to be actively involved in the ERM process at organizations. Seven valid or legitimate ERM-related responsibilities internal auditors can have are discussed.
September 1, 2005 CROs (Chief Risk Officer) Challenged by IT Risks The white paper focuses on the increasing dependency companies have on IT processes and the new challenges placed on CROs. Senior executives at various industries were asked to provide insight...
May 1, 2005 Role of the Chief Risk Officer The Chief Risk Officer (CRO) is rapidly becoming one of the most crucial members of the management team. CROs are involved with managing many types of risks faced by a...
March 31, 2001 Driving Need for ERM Many environmental forces—such as globalization, technology, the Internet, and deregulation—have created uncertainty for twenty-first century businesses. Companies therefore have to re-think business models, core strategies and customer bases....
September 1, 1997 Emergence of Chief Risk Officers Many multinational organizations are implementing comprehensive risk management programs. This shift in management is being driven by several different forces. Comprehensive risk management programs aim to identify the plethora of...