What Makes an Effective Chief Risk Officer

Posted on Jun 25, 2013

Last week, I wrote a blog about the qualifications for a director who is relied on by the board as a risk expert. One of the comments I received is that the same or similar list could be used to define the necessary attributes of an effective chief risk officer (CRO).

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Qualifying a Director as a Risk Expert

Posted on Jun 21, 2013

Boards have generally identified experience and insight into risk management as an area where they need to improve. As risk management is integral to any organization’s success, helping it to identify and address risks to the achievement of its objectives, regulators and others expect boards to beef up their ability to provide effective oversight. 

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Will the Updated COSO Internal Control Framework Create Problems for the External Auditors?

Posted on Jun 18, 2013

The talk around the updated Internal Control–Integrated Framework has been around how it will impact management teams. For example, have a look at a blurb on the AICPA’s Insights page: 3 Ways the New COSO Framework May Affect Your Business.  

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