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The Role Corporate Governance Plays in Risk Management

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The Role Corporate Governance Plays in Risk Management Last Updated: June 4, 2024 As an auditor, compliance officer or risk manager, you’re used to balancing the delicate processes that impact your company’s performance. Modern corporate governance practices provide assurance that enables boards to take smarter risks.

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Risk Assessments and Internal Controls

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From innocent but costly mistakes to deliberate fraud, all organizations are subject to risks that can jeopardize financial reporting or lead to the loss of corporate assets. Internal controls are policies, procedures, and other activities implemented by a business to assure that it can achieve its objectives.

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