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May 31, 2010

IFAC launches risk management survey

The International Federation of Accountants’ (IFAC) Professional Accountants in Business (PAIB) committee has launched a survey to evaluate the need to align risk management and internal control guidelines in a global context.

The PAIB committee collaborated with the Committee of Sponsoring Organizations (COSO) to produce the survey.

The survey intends to:

  • Determine the strengths and weaknesses of existing risk management and internal control systems around the world;
  • Investigate the role of risk management and internal control guidelines; and,
  • Ascertain the needs for international alignment among the various national guidelines that are already in place.

Responses are being sought by 10 July 2010.

 

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