Tags » COSO

Full feedback on COSO ERM draft

Summary of comments

STRUCTURED AND LOGICAL – I believe the content of any document, let alone an international guideline document, should be logically structured, should follow the  2,543 more words

Risk Management

PwC confuses boards on risk oversight

I want to start with two admissions:

  • I worked for 10 years at PwC and still have friends and respect for many of the professionals there.
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Risk

New COSO Updated ERM Framework - Coming Soon - End of June, Perhaps - Could Be Very Important

Just a heads up, a source has suggested that the new long-anticipated COSO (Committee of Sponsoring Organizations of the Treadway Commission) ERM update might finally be out at the end of June. 210 more words

How do we make decisions? Where does ERM fit?

How do you make decisions in your personal life?

How do you decide where to live, which car to buy, and where to go for lunch? 503 more words

Risk

Risk appetite in practice

From time to time, I am asked about the best risk management activity I have seen. Perhaps the best overall ERM was at SAP. I wouldn’t say it was perfect but it did include not only periodic reviews but the careful consideration of risk in every revenue transaction (including contracting) and development activity. 492 more words

Risk

NEW NINTH CIRCUIT CASE – PLAINTIFF CANNOT BRING A SECURITIES CASE FOR BREACH OF THE CORPORATE CODE OF ETHICS . . . WELL, NOT SO FAST . . . .

On January 19, 2017, the Ninth Circuit dismissed a securities fraud case holding that the claim could not legally be brought where shareholders of Hewlett-Packard Company (“HP”) alleged that the Company CEO and Chairman violated Hewlett-Packard’s Corporate Code of Ethics after publicly touting the Company’s high standards for ethics and compliance while at the same time himself violating the provisions in the Code of Ethics. 769 more words

Enterprise Risk Management definition

The term of Enterprise Risk Management “ERM” is being discussed these days a lot. (Traditional) Risk Management by itself is not new. However it has been evolved. 333 more words

IT Management