Board members keenly focused on risk

Click on the following link for the article: www.cgma.org

I take this article with a grain of salt as it is only a brief discussion of the entire survey. However, if true, the numbers and percentages provided on the few areas discussed are troubling. At this point the numbers of boards that aren’t up-to-speed on risk management should be much less – and the survey appears to treat risk management areas such as risk appetite (a term that I don’t like) as a one-time, one-item overall number, which it isn’t and cannot be.  Dave Tate, CPA, Esq. (San Francisco)

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