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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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Building an Effective Board Governance Committee: Everything You Need to Know

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Building an Effective Board Governance Committee: Everything You Need to Know Last Updated: June 4, 2024 Your company relies on its board of directors to ensure high profitability and a good public reputation, and effective corporate governance is essential for supporting those goals. What Is a Governance Committee?

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How Banks Can Prepare for the FDIC’s Proposed Standards

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In what is seen as a significant shift, the Proposed Standards will move away from the reliance on state law in favor of establishing governance and oversight obligations for banks. In partnership with LogicManager, banks can bolster their risk management, enhancing governance and compliance while mitigating potential issues.

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How to Create and Implement an Effective Governance Model

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A strong corporate governance structure is an essential component of any risk management program. Understanding Governance in the Modern Enterprise Corporate governance is a broad term that refers to all the processes, policies, standards and practices your organization uses to make and implement decisions.

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Bridging the Gap: How Risk Managers Empower Boards

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Stay tuned as we delve into the art and science of ERM reporting, strategy alignment, and the pivotal role of risk management in contemporary corporate governance. Directors are entrusted with the duty to act in the best interests of the corporation and its shareholders, which includes the duty of care, good faith, and loyalty.

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The Relationship Between Internal Controls and Internal Audits

Reciprocity

Together, these elements provide reasonable assurance that controls enable the organization to meet its objectives. Control Activities Control activities are the various procedures, approvals, verifications, reviews, and authorizations implemented to carry out proper risk responses. What Are Internal Audits?

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The Relationship Between Internal Controls and Internal Audits

Reciprocity

Together, these elements provide reasonable assurance that controls enable the organization to meet its objectives. Control Activities Control activities are the various procedures, approvals, verifications, reviews, and authorizations implemented to carry out proper risk responses. What Are Internal Audits?

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