The Committee of Sponsoring Organizations (COSO) released new draft guidance in February for applying its Enterprise Risk Management framework to risks related to environmental, social, and governance (ESG) issues. The existing COSO framework, Enterprise Risk Management — Integrating with Strategy and Performance, is one of the most widely recognized and Read More
Companies are increasingly turning to outside service providers to help out with their internal audit activities, especially when it comes to specialized work, according to a recent report. An annual survey of global internal audit professionals finds that, on average, one in three corporate internal audit departments worldwide outsource some Read More
If you are looking for some added insight on the likelihood and impact of global risks as part of conducting your periodic risk assessment, a new tool from the World Economic Forum may provide some assistance. The organization, known for its annual conference in Davos, Switzerland, which concluded last week, recently Read More
Fraud and security risks, including cyber-crimes, hit an all-time high in 2017, according to a new report from risk advisory firm Kroll. The survey finds that experiences of fraud have become more pervasive. The proportion of executives who said their companies fell victim to at least one instance of fraud Read More
