Risk management from the top.(IN MY OPINION)
Publication Date: 01-FEB-08
Publication Title: Internal Auditor
Format: Online
Author: Berley, Steven

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Description

THE ABSENCE OF A COMMON DEFINITION OF RISK, AS WELL AS LACK OF AGREEment on who should manage it, plagues many organizations. At the same time, auditors are recommending increased risk services while the degree of board- and executive-level support may be unclear. Instead of allowing this condition to perpetuate, internal auditors and other stakeholders need to find clarity on these issues and determine how best to approach organizational risk. Auditors, in particular, should...

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