Monthly Archives: December 2009

PCAOB Audit Risk Management – Widening the Risk Management Chasm

Posted on December 27, 2009 by

In November I noted the release of ISO 31000 Risk management – Principles and guidelines. December saw the release of the Society of Actuaries extremely interesting and informative paper titled “A New Approach for Managing Operational Risk”. Both papers were … Continue reading →

Posted in Compliance, Risk Management, Sarbanes-Oxley | Leave a comment

Solving Catastrophic Corporate Failure

Posted on December 16, 2009 by

There is an old saying that the first step in solving a problem is giving it a name. I think we have a problem called catastrophic corporate failures and I think it has become a pandemic. Historically, we have been … Continue reading →

Posted in Compliance, GRC, Internal Audit | Tagged , | Leave a comment

Modern Operational Risk: An Actuarial Perspective

Posted on December 13, 2009 by

Following close on the heels of ISO 31000 Risk Management, the Society of Actuaries has published an extremely interesting and valuable paper “A New Approach for Managing Operational Risk – Addressing the Issues Underlying th 2008 Global Financial Crisis”. Quite … Continue reading →

Posted in GRC, Risk Management | Tagged , , | Leave a comment