Going Beyond Risk Levels

Posted on Jul 20, 2014

Some are satisfied with knowing whether the level of a risk is high, medium, or low. I think a far better assessment, one more attuned with running the business, is whether the risk is at an acceptable level. 

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Time for Internal Audit to Graduate

Posted on Jul 14, 2014

The audit committee is charged with oversight of financial reporting, the external auditor, other financial risks, and sometimes but not always enterprise risk management. 

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Talking Sense about COSO 2013 and SOX

Posted on May 16, 2014

Congratulations to Financial Executives International (FEI, one of the sponsoring organizations behind COSO) and its Accounting Policy Analysis and Communications Director, Edith Orenstein. 

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