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risk management

By Norman D. Marks, CPA, CRMA | 3 Minutes Read April 20, 2022

Is there an effective risk culture?

If you want to promote effective management, de-emphasize independence and have the CRO report to the CEO with access to the board. Then hold the CEO (not the CRO) accountable for the effective management of risk and opportunity.

Article by Norman D. Marks, CPA, CRMA / Business, Finance and Accounting / compliance, employee empowerment, organizational culture, risk, risk and opportunity, risk culture, risk management Leave a Comment

By Norman D. Marks, CPA, CRMA | 4 Minutes Read February 16, 2022

How can you explain cyber risk to the board?

Two recent articles, discussed in this post, attempt to describe how to explain cyber risk to the board.

Article by Norman D. Marks, CPA, CRMA / Business, Information Technology / corporate governance, cyber risk, information technology, IT governance, malware, risk, risk management Leave a Comment

By Norman D. Marks, CPA, CRMA | 4 Minutes Read January 19, 2022

A tale of two (risk) cities

Let me tell you a story because it is the time of year for fables. A Scottish company (Dundee Ltd) is growing rapidly after only a couple of years in existence and needs to find a supplier that has the capacity to scale up to meet increasing demand.

Article by Norman D. Marks, CPA, CRMA / Finance and Accounting / Business, Internal Controls, risk, risk appetite, risk appetite statements, risk management Leave a Comment

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