Enterprise Risk Management Research Reveals Opportunities for Improvement

As the result of fallout from the ongoing economic crisis, failures associated with existing risk management processes are already generating calls for reform and increased regulatory scrutiny.

SEC Chairman Mary Schapiro said in an April 2009 speech to the Council of Institutional Investors that “the Commission will be considering whether greater disclosure is needed about how a company – and the company’s board in particular – manages risks, both generally and in the context of setting compensation.” For the full report and more, click here to read the entire article on the Journal of Accountancy.