Can Internal Auditors Assess Both Risk Management and Governance Processes?

Posted on Aug 13, 2009

This week, I have spent time reviewing a proposed rule by the SEC that would expand required disclosures relating to, among other things, the board’s oversight of risk management — a major governance activity. It’s fair to say that while I am pleased that the SEC is addressing important needs, I am disappointed in the results.
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S&P Publishes Status Report on ERM and Credit Ratings Project

Posted on Aug 7, 2009

The rating agency, Standard & Poor's (S&P), is in the process of evaluating companies’ risk management practices. It intends to consider this information, their evaluation of the quality of management’s processes, when it assigns credit ratings.

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