The crux of the SEC’s interpretive guidance for management is a top-down, risk-based approach that puts risk first and foremost. Four key areas of opportunity can be used to reduce an organization’s ...

In an August 25 statement, SEC Chief Accountant Paul Munter reminded issuers of the importance of comprehensive risk assessments to decisions regarding financial reporting and the effectiveness of ...

In this Statement, The Importance of a Comprehensive Risk Assessment by Auditors and Management, SEC Chief Accountant Paul Munter cautions auditors and company managements against conducting risk ...