The Compliance Week 2010 conference provided a series of “conversations” on risk assessment that revealed how far along leading companies have come in implementing that process, and gave some valuable insight into how executives can improve the information that boards of directors need to exercise their risk-management role.
To evaluate the overall state of risk-assessment, one must start with how companies have implemented a risk-assessment process. Most focus on the legal and regulatory requirements applicable to their particular industry and regulations from the Sarbanes-Oxley Act. I heard some people in the CW2010 discussion groups refer to the ...