Tag: risk ↓

Survey says: IA feeling the squeeze

January 26th, 2010 · 1 Comment

A survey conducted at the recent Institute of Internal Auditors annual conference by Protiviti has revealed that ⅔ of IA professionals believe their department is under-resourced and therefore unable to adequately carry out their duties.
Protiviti’s take is that due to increased expectations of the assurance Internal Audit can provide on an ever-widening spectrum of enterprise [...]

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Category: Auditing
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Survey says: ERM implementations maturing

January 18th, 2010 · No Comments

A survey conducted in July and August of 2009 by Aon has revealed that companies are moving beyond “basic” ERM implementations:
62% of the survey respondents in the Global Enterprise Risk Management Survey 2010 reported going beyond basic ERM, compared with only 38% in Aon’s inaugural ERM survey in 2007.
I wonder what happened between now and [...]

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Category: Risk Management
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Political risk for market dominance

July 28th, 2009 · No Comments

A recent article on the New York Times about the political costs that Google is facing due to its market dominance, and their strategy to reduce those costs, caught my interest:
Google has begun this public-relations offensive because it is in the midst of a treacherous rite of passage for powerful technology companies — regulators are [...]

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Category: Risk Management
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How the risk of a pandemic might affect your company

May 13th, 2009 · 2 Comments

A few days ago, probably through Twitter, I found an interesting site for auditors and other risk and compliance professionals called Compliance Week. Based in Boston, they publish a monthly magazine, a weekly email newsletter, and host several blogs and forums on the web.
What led me to the site was a link to a blog [...]

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Category: Risk Management
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Audit committees recognize IT risks should be a focus

June 24th, 2007 · 2 Comments

Dan Meyer at Tick Marks has brought my attention to a KPMG survey that reports audit committees are becoming more concerned about IT risks on financial reporting.
90% believed that IT oversight deserved more time at audit committee meetings. By constrast, 80% of committee members were satisfied with audit committee oversight of management judgments and estimates [...]

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Category: Governance
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