Search
 

ERM, No. 1 Concern With a Bullet

Financial executives worry more about implementing ERM at their companies than they do about improving financial reporting and internal controls.

By Staff Writer | Updated on August 19, 2008

Financial executives rank enterprise risk management (ERM) as their biggest challenge over the next 12 months, according to a report by accounting firm Crowe Chizek and Co. More than 65% of the CFOs and 70% of the audit committee members surveyed cited ERM as their No. 1 concern, overshadowing worries about improving financial reporting and internal controls.

“Executives are realizing that ERM is an important component of governance practices and is a huge challenge for those charged with managing a company’s financial health,” says Jonathan T. Marks, a partner at Crowe Group LLP, Crowe Chizek’s parent. “Many are now looking for guidance on the next steps they should take.”

Complete your profile to continue reading and get FREE access to Treasury & Risk, part of your ALM digital membership.

Your access to unlimited Treasury & Risk content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical Treasury & Risk information including in-depth analysis of treasury and finance best practices, case studies with corporate innovators, informative newsletters, educational webcasts and videos, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM websites including PropertyCasualty360.com and Law.com.

Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Recommended Stories

Treasury & Risk

Join Treasury & Risk

Don’t miss crucial treasury and finance news along with in-depth analysis and insights you need to make informed treasury decisions. Join Treasury & Risk now!

  • Free unlimited access to Treasury & Risk including case studies with corporate innovators, informative newsletters, educational webcasts, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM publications including PropertyCasualty360.com and Law.com.

Already have an account? Sign In Now
Join Treasury & Risk

Copyright © 2024 ALM Global, LLC. All Rights Reserved.