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RAPPORT

The State of Risk Oversight

An overview of Enterprise Risk Management Practices

The ERM Initiative in the Poole College of Management at North Carolina State University has issued a report which makes ten key observations about how organizations are using enterprise risk management. ‘2019 The State of Risk Oversight’ is based on a survey conducted with the American Institute of Certified Public Accountants which generated 445 responses.

The study finds that an increasing number of organizations have embraced the concept of enterprise risk management, which is designed to provide an organization’s board and senior leaders a top-down, strategic perspective of risks on the horizon so that those risks can be managed proactively to increase the likelihood the organization will achieve its core objectives.

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