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The International Public Sector Accounting Standards Board develops standards, guidance, and resources for use by public sector entities around the world for preparation of general purpose financial statements.
Home Global Knowledge Gateway Risk Management & Internal Control
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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.
Important Improvements Included in COSO’s New Enterprise Risk Management Framework
by Vincent Tophoff, Senior Technical Manager, IFAC | October 30, 2017
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.
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Latest Articles
There are 39 articles
Revised ISO 31000 Risk Management Standard: Still a Good Reference but Not Substantially Improved
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,...
by Vincent Tophoff, Senior Technical Manager, IFAC | March 14, 2018Cybersecurity: Eyes Wide Open
Cyber theft is evolving and assailants are continuously looking for new and creative ways to monetize data.
by Steve Ursillo, Jr., Partner, Risk Assurance & Advisory and National Leader: Information Assurance & Cybersecurity at Cherry Bekaert | February 12, 2018How Can the New ERM Framework Help You?
The updated COSO ERM framework focuses on five elements of good ERM, which guides businesses in developing a strategy that ultimately helps them reach their mission and vision.
by Patrick J. Stroh, Institute of Management Accountants Global Board Member and President, Business Strategy Innovation at Mercuiry Business Advisors | February 12, 2018Confidence in Non-Financial Information Next Frontier
A lack of confidence in non-financial information is hindering its utility for users assessing an organization’s performance and potential for long term value creation—using their knowledge of management and process control, professional...
by Stathis Gould, Head of Professional Accountants in Business and Integrated Reporting, IFAC | November 28, 2017Does Your Cyber Security Include Governance? It Should
Developing a strong cyber security governance program is the first step in protecting your practice from cyber threats.
by Steve Ursillo Jr., Partner, Risk Assurance & Advisory and National Leader, Information Assurance and Cybersecurity, Cherry Bekaert | November 20, 2017News and Resources
There are 621 news/resources
Internal Control-Integrated Framework
Committee of Sponsoring Organizations of the Treadway Commission (COSO) - May 1, 2013How Board Members Can Perform Oversight of Cybersecurity Risks
Journal of Accountancy - April 20, 2018
Cybersecurity Risk Management Oversight: A Tool for Board Members
Center for Audit Quality - April 12, 2018
5 Risk Management Mistakes and Ways to Address Them
AICPA - April 9, 2018
Pulling Fraud Out of the Shadows
PwC - March 26, 2018
Risk and the Strategic Role of Leadership
ACCA - March 8, 2018
Enterprise Risk Management
Committee of Sponsoring Organizations of the Treadway Commission, World Business Council for Sustainable Development - January 29, 2018Get The Latest. Sent twice monthly.