good governance is made possible by ERM

Ignorance Is No Longer an Excuse for Poor Board Oversight

Gerry Grimstone, keynote speaker at the IIA’s recent conference in London, has a message for senior executives. “You can’t easily blame a board member for not knowing something,” Grimstone said. “But you can blame a board member for creating a culture where he doesn’t know something.” Grimstone spoke at length about the latest example of…

risk identification and risk assessments prevent surprises

4 Ways to Prevent Business Surprises with Risk Identification

Nobody likes surprises in business. Using a risk-based approach to identify your organization’s likely vulnerabilities is highly recommended and vital to short-term and long-term success. Expanding regulations make compliance increasingly complex and expensive, and increases in deficient internal audit controls have heightened scrutiny of companies by the SEC, PCAOB, and investors. Business surprises are preventable,…