New report from the AICPA and North Carolina State University compares senior executives’ perceptions of risk over the last decade and reveals an uptick in adoption of enterprise risk management (ERM) practices in organizations
59% of CFOs say the volume and complexity of risks are rising
69% of organizations don’t have complete ERM practices in place
Adoption of ERM has increased 22-percentage points over the last decade
Demand for Chief Risk Officers has more than doubled over the last 10 years