Governance and control: Focus risk management on multiple levers of control
With the wave of corporate governance scandals such as Enron, WorldCom and Tyco, risk management has become a top focus for CFOs. In addition, Government and regulators have implemented compliance mandates such as SOX to ensure internal governance and control. But accomplishing these requirements can be difficult and expensive.
View this paper to explore how to effectively approach governance and control within your organization. Jeremy Hope, Research Director of the Beyond Budgeting Roundtable, offers key advice on how to set high standards of ethical reporting and behavior including:
- Regularly review key pressure points for excessive risk taking
- Provide a framework for effective strategic controls
- Provide effective feedback controls
- And more