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Risk Management & Internal Control |
Proper risk management and internal control help organizations understand the risks they are exposed to, put controls in place to counter threats, and effectively pursue their objectives. They are therefore an important aspect of an organization’s governance, management, and operations. Professional accountants can and should play a leading role in helping their organizations achieve an integrated, organization-wide approach to risk management and internal control—which ultimately helps create, enhance, and protect stakeholder value. See the full overview.
Pivotal Change Needed to Take COSO’s ERM Framework from Risk to Strategic-Objective Based
by Vincent Tophoff, Senior Technical Manager, IFAC | October 12, 2016
The COSO Exposure Draft on enterprise risk management does not yet live up to its intentions—but could with some changes.
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Latest Articles
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New Guidance Allows Rapid Evaluation of Risk Management
New guide supports those responsible for overseeing risk management by taking a broader perspective and encouraging more integral methods.
by Vincent Tophoff, Senior Technical Manager, IFAC | August 17, 2016Integrating Management of Risk into Decision Making: Focusing on Risk and Control
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.
by Vincent Tophoff, Senior Technical Manager, IFAC | July 6, 2016Revised COSO ERM Framework Now Open for Comments
The Committee of Sponsoring Organizations of the Treadway Commission (COSO) has issued its updated enterprise risk management framework for public comment.
by Vincent Tophoff, Senior Technical Manager, IFAC | June 15, 2016Digital Currencies: Where to from Here?
The most popular of the digital currencies, Bitcoin, was launched in 2008 by the mysterious “Satoshi Nakamoto” to provide an alternative payment system that was instantaneous, inexpensive, and secure. There is no doubt that Bitcoin is
by Lee White, Chief Executive Officer, Chartered Accountants Australia and New Zealand | May 3, 2016
Creating the "Anticipatory" Accountant
Accountants must become more "anticipatory" if they want to be ready to tackle new opportunities in the future, says Tom Hood, Executive Director and CEO of the Maryland Association of CPAs.
by Tom Hood, Executive Director & CEO, Maryland Institute of CPAs | January 6, 2016News and Resources
There are 603 news/resources
Making Cyber Security Your Business, and Your Firm Cyber Secure
Accountancy Age - April 18, 2017
Locking Down the Value of Data
Grant Thornton - April 10, 2017
Improving Government Decision Making through Enterprise Risk Management
IBM Center for the Business of Government - March 27, 2017
Best Practices to Improve Cybersecurity
CGMA Magazine - March 27, 2017
Guide to Effective Risk Management 3.0
Risk Academy - March 2, 2017
The International Federation of Accountants (IFAC), Risk Management and ISO 31000
ISO - February 16, 2017Get The Latest. Sent twice monthly.
