Enterprise Risk Management (Preview)

Chapter 1 – Risk Management Awareness 43 AUTHORS Anthony, Robert N., and Vijay Govindarajan. Management Controls Systems. 12 th Ed. NY: McGraw-Hill, 2007. Beasley, Mark S., Bruce C. Branson, and Bonnie V. Hancock. The State of Risk Oversight: An Overview of Enterprise Risk Management Practices. 11th Edition. North Carolina State University, Poole College of Management, Enterprise Risk Management Initiative, April 2020. Accessible through: www.erm.ncsu.edu. Beasley, Mark S., Frank A. Buckless, Steven M. Glover, and Douglas F. Prawitt. Auditing Cases, An Interactive Learning Approach. Fifth Edition. New Jersey: Pearson, 2012. Bernanke, Ben S. Risk Management in Financial Institutions . Speech at the Federal Reserve Bank of Chicago’s Annual Conference on Bank Structure and Competition. May 15, 2008. Accessible at: www.federalreserve.gov/newsevents/speech/bernanke20080515a.htm. Branson, Bruce C. Reporting Key Risk Information to the Board of Directors . 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The IIA Research Foundation, Global Internal Audit Common Body of Knowledge. 2015. Report accessible through: na.theiia.org. Sobel, Paul, J., and Kurt F. Reding. Enterprise Risk Management, Achieving and Sustaining Success . Altamonte Springs, Florida: The Institute of Internal Auditors Research Foundation, 2012. ENDNOTES 1 Annie Gasparo, “Campbell Upgrades Profit Outlook, Says It Will Scale Back Artificial Ingredients,” Wall Street Journal (July 22, 2015. Article accessible through www.wsj.com). (NA094) 2 World Economic Forum, Global Risks 2016 (Geneva. Accessible through: www.weforum.org), p.6. (P253) 3 World Economic Forum, Global Risks 2020 (Geneva. Accessible through: www.weforum.org), p.5. (P775) 4 North Carolina State University and Protiviti, Executive Perspectives on Top Risks for 2020 - Key Issues Being Discussed in the Boardroom and C-Suite (North Carolina State University’s Enterprise Risk Management Initiative and Protiviti, 2020. Publication accessible through: www.erm.ncsu.edu), p.18-22. (P203) 5 Aon, Global Risk Management Survey, 2019 (Accessible through: www.Aon.com), p.1. (P776) 6 United States Environmental Protection Agency, Presidential / Congressional Commission on Risk Assessment and Risk Management, Framework for Environmental Health Risk Management (1997, Accessible at: cfpub.epa.gov/ncea/risk/recordisplay.cfm?deid=55006&CFID=71072460&CFTOKEN=63652377 ) 7 Health Canada, Decision-Making Framework for Identifying, Assessing and Managing Health Risks (August 2000, Accessible at: www.hc-sc.gc.ca/ahc-asc/pubs/hpfb-dgpsa/risk-risques_tc-tm-eng.php) 8 Robert N. Anthony and Vijay Govindarajan, Management Control Systems , 12 th Ed. (NY: McGraw Hill, 2007) p.6. 9 COSO, Internal Control – Integrated Framework (Committee of Sponsoring Organizations, May 2013), p.144. 10 CEB, Reducing Risk Management’s Organizational Drag (2014, Access. through: www.cebglobal.com), p.3. (P256) 11 Enron Corporation, Quarterly Report Form 10-Q, September 30, 2001 (Securities and Exchange Commission, Accessible through: www.sec.gov/edgar/searchedgar/webusers.htm), p.5. (P207)

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