What's keeping you up at night?
Risk control is more than managing the financial processes. It now involves control over your computer systems and security, fraud programs, internal audit effectiveness, audit committee oversight, regulatory compliance and more. And enterprise risk management looks beyond specific vulnerabilities to the events that are the source of both risk and opportunity, providing a process for balancing growth, risk and return. Enterprise risk management is not an easy undertaking, but the case studies and white papers gathered in this collection of PricewaterhouseCoopers’ publications will help to minimize the burden.
State of the internal audit profession study: Pressures build for continual focus on risk - May 2007
The ongoing migration to a more risk-based approach to internal audit has spawned a natural evolution with respect to the roles and responsibilities of internal audit and the scope of internal audit activities. Today, there is a growing recognition of the strong link between effective risk assessments and effective audit coverage.
Creating value: Effective risk management in financial services - March 2007
Financial institutions have devoted considerable time and resources to risk management over the past few years, often in response to regulatory initiatives such as Basel II, Sarbanes-Oxley and others. But how effective is the risk management function at adding value to the business?
How the J Curve can help companies to understand and manage political risk - October 2006
In today’s global business environment, management of political risk is central to corporate strategy and understanding where a country sits on the J Curve is a crucial first step to making better decisions about how, when, and where to invest internationally.
How managing political risk improves global business performance - May 2006
Companies doing business internationally are grappling with political issues that sometimes surprise even the most experienced. A new study by PricewaterhouseCoopers and Eurasia Group shows that despite current efforts, a high percentage of multinational companies believe they are not doing all they could to manage political risk effectively.
Risk management: What your firm may be missing - April 2006
In today's increasingly complex and regulated business environment hundreds of different risks threaten law firms. While some of them can lead to malpractice claims that could destroy a firm's reputation and finances, other can be physically or operationally devastating. This article defines the risk and establishes a risk plan to implement a management program.
Predicting the unpredictable: Protecting chemical companies against fraud, reputation and misconduct risk - March 2006
The report provides step-by-step guidance on how to develop an effective antifraud program. The potential for corporate fraud and misconduct has garnered the attention of the Unites States Securities and Exhange Commission, the Public Company Accounting Oversight Board, and the Federal Sentencing Commission. While it may not be possible to eliminate the risk of fraud altogether, a company can at least identify it early and minimize its damage with proper planning, policies and procedures. This report provides step-by-step guidance on how chemical companies can develop an effective antifraud program that addresses not only financial statement risk, but also equally significant reputation, operational, legal and strategic risks. In addition, it supplies a summary of fraud schemes that are common to the industry.
Risk perspectives: Bringing together leading risk management insights from the banking industry - February 2006
This PricewaterhouseCoopers discussion paper presents some of the current issues and concerns faced by Chief Risk Officers from a range of European and global banking groups. PricewaterhouseCoopers looks at how risk management has continued to climb higher up the corporate agenda to become more integrated into all aspects of running the organization.
