The Committee of Sponsoring Organizations of the Treadway Commission (COSO) released a new thought paper aimed at helping organizations better articulate, develop, and implement “risk appetite.” Enterprise Risk Management – Understanding and Communicating Risk Appetite is the latest in a series of COSO papers providing guidance on improving risk management. While […]
Internal control improvements are often perceived as adding cost to an organization. In fact, the argument against some control improvements is that the cost to implement them outweighs the benefits they create. There are some control improvements, however, that have a high likelihood of generating true economic returns.
On June 20, 2011 K Financial released an updated version of its enterprise risk management (ERM) software.