A Bird's Eye View of Internal Control, Accounting Standards, and Risk

Author: Compliance Week

Length: 25 pages

Key takeaways: 
  • Effective risk management affords companies the ability to operate with more efficiency and agility, yet challenges remain
  • Many organizations are learning the importance of enterprisewide risk management, but most companies’ practices still need significant improvement
  • New reporting standards are changing the way accounting and internal controls professionals do their work
view of internal controls, accounting standards and risk