ERM Report Focuses on Board Oversight
John Kelly 270004J7VQ firstname.lastname@example.org | | 0 Comments | 157 Visits
Deloitte ERM professor and OPUS 2008 Keynote Speaker Mark Beasley just released an update to the NCSU led ’Report on the Current State of Enterprise Risk Oversight.’ Written in conjunction with the American Institute of Certified Public Accountants (AICPA), the research focused on how boards and senior management teams are responding to the challenges and increased emphasis on board oversight of risk management processes – particularly in light of the new SEC proxy disclosure rules. The study produced some interesting findings:
These findings should be concerning if your organization is looking to meet the requirements of the new SEC disclosure rule which requires among other things, that boards describe their risk oversight process. Here are some thoughts for your team to consider as you prepare:
We recently hosted a webinar titled ‘Risk Oversight and the New Sec Rule’ which describes the tools, reporting and resources that you’ll need to provide to the board of directors as they look to meet the new SEC ruling. Check it out here.