ERM

Enterprise Risk Management – is it Part of Your Strategy?

Posted on , updated on

Strategic planning is a useful exercise in providing guidance in fulfilling a mission. Unfortunately, most strategic plans ignore risks and have no visible or clearly articulated connection to the organization’s strategy.  Risk management and strategy-setting are not separate and distinct activities.
The Committee of Sponsoring Organizations of the Treadway Commission (COSO), defines enterprise risk management as:
“A […]

So What is a Risk Assessment?

Posted on , updated on

By: Charles Tate, CPA, Managing Partner
In the aftermath of high-profile scandals and failures, nonprofit boards have turned their attention to enhanced corporate governance, strategic planning, and risk management. All nonprofits face uncertainty and the challenge for management is to determine how much uncertainty to accept as it strives to meet its mission through the strategic […]

The Right Size, Right Fit

X
X
X