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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 41 articles
The CO2 Reduction Approach by Companies Is Inadequate
A new survey shows that few companies are proactively trying to reduce their greenhouse gases—many companies have no specific targets in this area.
by Erik Kolthof, Senior Advisor, Royal NBA and Lucas Geusebroek, Project Lead Circular Economy, Royal NBA | June 4, 2018
Better Risk Management: It’s about Survival
Companies who understand and manage their risks fair better in the global economy and at home—in many cases, they attract better employees and better investments, which often translate into growth and sustained success.
by Rodney Irwin, Managing Director of Redefining Value and Education, World Business Council for Sustainable Development | May 4, 2018
Cybersecurity: 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 | April 10, 2018
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, 2018
How 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, 2018News and Resources
There are 619 news/resources
Internal Control-Integrated Framework
Committee of Sponsoring Organizations of the Treadway Commission (COSO) - May 1, 2013
How Boards Can Better Manage Disruptive Risks
Financial Management Magazine - October 10, 2018
Audit Insights: Cyber Security
ICAEW - July 16, 2018
ICAEW Issues GDPR Guidance for Accountants
ICAEW - May 16, 2018
5 Smart Ways to Protect Your Business from Cyber Attacks
YFS Magazine - April 23, 2018
How 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, 2018Get The Latest. Sent twice monthly.
