IFAC just released a new thought paper arguing that the management of risk should be an integral part of managing an organization.
The Basel Committee on Banking Supervision recently published a revised version of its corporate governance principles for banks, which incorporated some of IFAC’s recommendations but changed very little following the consultation period.
If you are passionate about governance, you should read and respond to the latest exposure draft of the revised King Report on Corporate Governance in South Africa.
The Committee of Sponsoring Organizations of the Treadway Commission (COSO) has issued its updated enterprise risk management framework for public comment.
When the IFAC Professional Accountants in Business Committee met in March, it focused a great deal on risk management, and what IFAC should focus on within this important topic.
New guide supports those responsible for overseeing risk management by taking a broader perspective and encouraging more integral methods.
Auditors-General, IFAC, the OECD, Word Bank and others will convene at the International Organization of Supreme Audit Institutions (INTOSAI)’s 22nd annual international conference in Abu Dhabi from December 7-11, 2016, to discuss the UN’s 2030 sustainable development goals, INTOSAI’s role on the world stage, public sector financial management, including the Accountability. Now. initiative, and more.
The COSO Exposure Draft on enterprise risk management does not yet live up to its intentions—but could with some changes.
The Committee of Sponsoring Organizations of the Treadway Commission (COSO)’s newly updated Enterprise Risk Management Framework takes important steps toward ensuring risk is managed as an integrated part of managing an organization.
Earlier this year, the International Organization for Standardization (ISO) issued the revised standard ISO 31000 - Risk management, which provides principles, framework and a process for managing risk in any organization regardless of its size, activity or sector.