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: Risk Management, Enterprise Risk Management (ERM)

Legislation: April 2011
Staff from FEI’s Washington, D.C., office went right to the source — senators from both sides of the aisle — to find out what’s on tap for business in this year’s session of Congress.
Private Companies: December 10
In October, U.S. Homeland Security Secretary Janet Napolitano announced that under the Obama administration, one of its key agencies, Immigration and Customs Enforcement (ICE), had audited more than 3,200 employers and imposed an estimated $50 million in fines for worksite violations President´s Page: December 10
More than ever, we need clear and consistent strategic plans, risk management applications and guidelines adaptable to internationally-focused businesses, large and small. ERM: November 10
There’s been an upsurge in enterprise risk management during the past few years, driven by an increased focus on risk among governments and regulators and crises affecting some of the world’s most successful companies. Despite that, many corporations have yet to embark upon an ERM program. FEI CEO In Webcast Speaking About Risk Oversight With Board Member CEO
June 2010
New FERF Research: Enterprise Risk Management Programs In Rapid Development Phase
Risk Management: May 10
Exposure to product contamination or failure may be the most critical evolving financial risk for a company. Careful planning and swift actions can reduce the likelihood of a product recall and minimize the damage to the company’s reputation. March 2010
November 2009
SEC Posts Transition Guidance For New Proxy Disclosures; Other Proposals
On Dec. 22, 2009 the SEC posted a Compliance and Disclosure Interpretation entitled Proxy Disclosure Enhancements Transtion. The transition guidance relates to the SEC's new proxy disclosure rules on risk, compensation and governance which were approved by the SEC on December 16. The Risk Disconnection
In response to a global recession that was blamed on a lack of attention to risk, discussions about risk management have become routine in corporate America. September 2009
Value of Anti-Fraud Program, New Study, By BDO Consulting
A study by BDO Consulting evaluates data in support of anti-fraud measures that can be taken by management, boards of directors and investors. Cover Story: September 09
Though equity markets have risen and some predict economic recovery sooner than expected, two NYU finance professors see persisting uncertainty, and remind CFOs to protect against the insolvency of their lenders as much as they worry about their own. Risk Management: September 09
The current economic environment has provided an opportunity to review contract-and vendor-management programs or institutionalize gains realized from any recent ad-hoc improvements. Assessing Organizational Fraud Risk Through Segregation of Duties
BDO Consulting's 2009 Segregation of Duties Checklist is available through Financial Executives Research Foundation's bookstore free to FEI members. in brief: July 09
Is ERM Failure to Blame for Financial Crisis?
Some experts suggest the enterprise risk management manual be destroyed and started over. But while it’s tempting is to say that the risk-management sky is falling, a more nuanced approach is more useful. ferf@65: june 09
The first in a series of articles highlighting Financial Executives Research Foundation research over the past 65 years, this article looks at the evolution of risk management.The goal of FERF research is advancement through knowledge that is relevant and practical for organizations. members speak out: may 09
In its January proposal on enhancements to the Basel II framework, the Basel Committee clearly stated that bank boards of directors and managements must address the flaws in risk-management practices revealed by the financial crisis. in brief: April 09
members speak out: April 09
Assessing Risks to the Business
A principles-based approach to risk assessment provides a mechanism for identifying which risks represent opportunities and which represent potential pitfalls. treasury: March 09
The massive changes roiling the banking industry during the last six months have been completely unprecedented. The industry landscape has been irrevocably altered, making the role of corporate treasurer a 24-hour-a-day job. 2009 Strategic Business Risk Report, By Ernst & Young
E&Y's 2009 Strategic Business Risk Report names the top 10 risks for global business. 2009 Top 12 Corporate Ethics and Compliance Concerns
Integrity Interactive Corp.'s list of the Top 12 corporate eithics and compliance concerns for 2009 cover story: january 09
The turbulence of late has shown it’s problematic to underestimate, mismanage or assume a business has mastered risk. cover story: december 08
Enron was symbolic of what was and is wrong with the complexity of the global economy. Today’s house of cards has led us yet again to an economic situation ripe for fraud. strategic planning: december 08
With time and resource limitations, high-impact, rare-event risks are generally undermanaged — until they occur — and overmanaged afterward. There is a method that allows planning for such events, while not ignoring more immediate risks. in brief: october 08
risk management: october 08
To create a systematic approach to ERM, companies should identify and prioritize significant risks — including emerging ones — and evaluate how to best use resources. Risk and Controls in Organizations: Today and in the Future
Risk management and internal controls have a stronger profile than ever – due to regulatory change, geopolitical instability and the mounting complexities of running global businesses. A recent survey explores their status in today’s organizations and where they’re heading. Large U.S. Companies Improve Risk Management
Large U.S. companies have improved their ability to identify and manage potentially critical business risks, according to the 2007 U.S. Risk Barometer study released by Protiviti Inc. However, there is still substantial room for improvement, the report shows. Fraud Risk in China: Real but Manageable
The booming populations and emerging economies and markets – particularly in China – provide tremendous opportunities for growth and profits. Eager to participate, many companies are intimidated by the inherent risk. Surveying Financial Statement Fraud 2000-6, By Deloitte
Corporate Fraud, Misconduct Post Sarbanes-Oxley, By KPMG
KPMG's Integrity Survey 2005-2006 takes a behind-the-scenes look at corporate fraud and misconduct in the post-Sarbanes-Oxley era. It is based on the perceptions of more than 4,000 employees nationwide and includes benchmarking with KPMG’s Integrity Survey 2000. 9th Global Fraud Risk In Emerging Markets, By E&Y
Moving Toward a More Collaborative Insurance Market
The analogy of a playground with fractious players is apt for today's insurance market, writes longtime insurance broker Bayard Dodge. Bringing carriers and buyers closer would be a good thing, he believes Business Continuity After Hurricane Katrina
With hurricane season 2006 soon upon us, a business-continuity expert discusses how last year’s disasters has changed corporate thinking, and offers tips for becoming aware and prepared. Managing Political Risk: Improve Business Performance, by PwC, Eurasia Group
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