Monday, 21 September 2015

Report: Lack of Risk Management Puts Small Firms in Danger

From Accounting Web -

“While the majority of businesses want their senior managers to be more involved in risk management, most lack a dedicated program and resources – and that’s particularly true for small and midsized firms.

What’s more, US businesses apparently have fewer risk management systems in place than companies elsewhere in the world.

Those are the key takeaways from a new report, Global State of Enterprise Risk Oversight, by the Enterprise Risk Management Initiative at North Carolina State University, on behalf of the Chartered Global Management Accountant (CGMA) designation. The American Institute of CPAs (AICPA) and the Chartered Institute of Management Accountants (CIMA) commissioned the study.”

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