RALEIGH – Most senior finance leaders agree that the volume and complexity of corporate risks are increasing, yet less than a third, 31%, report their organizations have complete enterprise risk management (ERM) processes in place. This is according to new report from North Carolina State University’s Enterprise Risk Management Initiative and the American Institute of CPAs (AICPA).
“The State of Risk Oversight: An Overview of Enterprise Risk Management Practices” shares insights from a survey of 474 U.S. CFOs and senior finance leaders on how they are proactively managing potential emerging risks by strengthening their organization’s processes surrounding the identification, assessment, management and monitoring of risks. This concept, known as ERM, is one way…
