Category Archives: Uncategorized

Qualitative Vs. Quantitative Assessment

There has been much discussion in the Enterprise Risk Management world about how to measure the success of an ERM program. Many of the financial institutions relied heavy on risk modelling and quantitative assessments like VaR to evaluate the soundness … Continue reading

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Board of Directors Concerned About IT RIsks

A recent survey of Public Company Audit Committee Board Members about risk highlights the desire to focus more heavily on Information Technology (“IT”) related risks. This is not surprising given that technological innovation continues at a rapid pace while it … Continue reading

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SEC Announced Another Successful Clawback

Yesterday, the U.S. Securities & Exchange Commission (“SEC”) announced another successful “clawback” of executive compensation under the Sarbanes-Oxley Act of 2002. James O’Leary, former Chief Financial Officer of Atlanta-based Beazer Homes USA, was forced to return over $1.4 million in … Continue reading

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Using ERM for Growth Opportunities

Companies of all sizes are searching for direction as they seek growth during these tumultuous economic times. Some companies are looking for better ways to deploy capital while others are simply fighting for survival. It is during times such as … Continue reading

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Tips For Starting Your ERM Program

1. Start with the strategic plan – focus ERM efforts on where the company is going, not where it has already been 2. Create a simple framework and process that is easily understood – too many companies try to make … Continue reading

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