Enterprise Risk Management Assurance and Other Services
Overview:
Guidance for tax practitioners on the enterprise risk management process. Gain valuable insight into both risk assurance and risk management. Learn how to prepare or attest to information not covered by other authoritative standards.
Published on May 14, 2013
Enterprise Risk Management
Overview:
The AICPA Enterprise Risk Management website provides resources to enable AICPA members to add value to their organization and client ERM initiatives.
Published on January 04, 2013
Approach to Successful Enterprise Risk Management Programs
Article:
This brief illustrates RubinBrown's ERM 4 phase approach and describes the details of each phase; understand the organization's expectations and strategic objectives, define key risks and risk environment assessment, develop/assess key risk mitigation, communication and continuous monitoring.
Published on September 14, 2012
A Structured Approach to Enterprise Risk Management
Article:
A successful enterprise risk management (ERM) initiative can affect the likelihood and consequences of risks materializing, as well as deliver benefits related to better informed strategic decisions, successful delivery of change and increased operational efficiency. Other benefits include reduced cost of capital, more accurate financial reporting, competitive advantage, improved perception
Published on September 14, 2012
ERM Resources
Article:
The AICPA has numerous resources to help members learn more about ERM and share with their senior management and staff. In addition, COSO has several important resources for CPAs. Available resources are listed below.
Published on September 10, 2012
AICPAs Top Ten Next Practices for Enterprise Risk Management- 2010 Survey Results
Survey:
The survey is intended to represent the CPA’s unique perspective regarding ERM next practices they believe will significantly influence the management and value of the business. This survey report and resource guide was prepared under the direction of the AICPA Risk Management and Internal Control Advisory Panel.
Published on September 10, 2012
2012 Report on the Current State of Enterprise Risk Oversight 4th Edition
Article:
This report provides a great resource for benchmarking an organization’s approach to risk oversight against current trends.
Published on July 17, 2012
Enterprise Risk Management Understanding and Communicating Risk Appetite
Article:
The objective of this paper is to help an organization — its senior management, board, and key operating personnel — to develop and communicate a clear understanding of its risk appetite, both to determine which objectives to pursue and to manage those objectives within the organization’s appetite for risk.
Published on January 26, 2012
The AICPAs Enterprise Risk Management Initiative
Article:
The AICPA has launched an exciting strategic initiative focused exclusively on its ERM program. From vendor relationships to technology infrastructure, the Institute is redefining how it identifies, assesses, mitigates and manages risk. In the process, it is achieving increased efficiencies and heightened innovation, while expanding products and services for members.
Published on August 17, 2011
Report on the Current State of Enterprise Risk Oversight 3rd Edition
Article:
This report examines responses received from 455 organizations and was conducted in spring 2011. While we observe a modest maturation of risk management processes in general, organizations continue to highlight areas where the integration of risk management and strategic planning continue to be less developed. We do observe an increased
Published on August 01, 2011
Risk-Based Strategy Integrating Strategy Maps, Management Controls and Risk, Part 3
Article:
Part three of Risk-Based Strategy: Integrating Strategy Maps, Management Controls and risk explores designing a firm’s management control system to manage those risks that have the greatest probability to negatively impact firm profitability.
Published on July 18, 2011
Risk-Based Strategy Integrating Strategy Maps, Management Controls and Risk, Part 2
Article:
This three-part article series integrates strategy mapping, risk management and management control into a risk-based approach to strategy1 execution. Part one used strategy mapping as a tool to visually depict the firm’s strategy. Here in part two, we will discuss how to assess a firm’s risks.
Published on June 08, 2011
Risk-Based Strategy Integrating Strategy Maps, Management Controls and Risk, Part 1
Article:
This Business Brief (one in a three-part series) integrates strategy mapping, risk management and management control into a risk-based approach to strategy execution.
Published on May 18, 2011
RIMS Enterprise Risk Management Technology Solutions
Article:
Technology solutions should fit the corresponding ERM processes. There are as many variations of ERM, at a detailed level, as there are organizations practicing ERM. On the other hand, functionality of ERM technology solutions is far more consistent across the spectrum of ERM processes. Accordingly, the focus of this paper
Published on May 10, 2011
AICPAs Top Ten Next Practices for Enterprise Risk Management- 2010 Survey Results
Article:
In late 2010, the American Institute of Certified Public Accountants (AICPA) conducted a survey of the Top Ten “Next” Practices for Enterprise Risk Management (ERM). The survey is intended to represent the CPA’s unique perspective regarding ERM next practices they believe will significantly influence the management and value of the
Published on April 28, 2011