Enterprise Risk Management: Meeting Today’s Challenges

Changes in technology, globalization, and the nature of business transactions create challenges for organizations to assess and manage risks that may affect the accomplishment of business objectives. In order to meet today’s challenges, organizations are beginning to employ structured enterprise-wide risk management approaches to balance risk and opportunity. An AICPA Audit Committee Brief emphasizes the importance of an enterprise-wide risk management approach and describes the steps to achieve effective ERM processes.

Original Article Source: “Enterprise Risk Management: Meeting Today’s Challenges” AICPA, Dec. 1, 2009.