The recent global economic crisis has caused all boards of directors and senior executives of organisations to re-evaluate their approaches to risk oversight. Some of the well publicised failures have led many to question how excessive risk-taking went unrecognised by key participants in the corporate governance process.
To gain a sense of the state of enterprise risk oversight around the globe, the AICPA and CIMA recently conducted surveys of organisational leaders to examine many factors describing the current maturity of enterprise risk management in organisations around the globe. This report provides a brief overview of key findings observed in each of these surveys and highlights unique similarities in and differences between US and global organisations.
