Improving Board Risk Oversight Through Best Practices
Discover how internal audit plays an important role in board risk oversight to develop a series of "best practices."
As enterprise risk management (ERM) has grown in popularity and importance, organizations are placing more emphasis on enhancing the effectiveness of risk management in their own operations. This research study outlines how leading organizations have effectively engaged their board in their ERM systems.
Improving Board Risk Oversight Through Best Practices includes:
- Quotations from leading practitioners revealing their thought processes and tone of their approaches with ERM to the board
- Questions and ideas that board members can use to ignite discussions about their own processes in establishing and managing ERM
- Ideas and considerations that chief audit executives (CAEs) and internal audit staff need to take in board risk oversight processes
This insightful report will let you know if you are on track to meet your ERM objectives—both strategic and operational. Board members want to have not only the right objectives and strategy but also a plan that meets those objectives. Having a world-class ERM process and risk oversight in place is critical to meeting your objectives with key stakeholders—your board.
Item Number: 10.5019