Risk Assessment

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Guidance on Due Diligence Requirements in Determining Whether Investment Securities Are Eligible for Investment, Proposed guidance with request for comment (November 2011) resource Agency Guidances OCEG Reviewed

The Office of the Comptroller of the Currency (OCC) is proposing guidance to assist national banks and Federal savings associations in meeting due diligence requirements in assessing credit risk for portfolio investments.

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Standard & Poor's Ratings: Enterprise Risk Management resource White Papers OCEG Reviewed

"Standard & Poor’s Ratings Services has expanded its review of the financial service industry’s enterprise risk management (ERM) practices. This enterprise risk management initiative is an effort to provide more in-depth analysis and incisive commentary on the many critical dimensions of risk that determine overall creditworthiness.

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Asia Risk Magazine resource Books / Publications OCEG Reviewed

Published by Incisive Financial Publishing Limited (UK.) Posted at Risk.net.

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SEC: Public Company Accounting Oversight Board; Order Approving Proposed Rules on Auditing Standards Related to the Auditor’s Assessment of and Response to Risk and Related Amendments to PCAOB Standards (2010) resource National Regulations OCEG Reviewed

The Board adopted eight auditing standards and related amendments that are designed to benefit investors by establishing requirements that enhance the effectiveness of the auditor’s assessment of and response to the risks of material misstatement in an audit. Assessing and responding to risks underlies the entire audit process.

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SEC, Public Company Accounting Oversight Board; Notice of Filing of Proposed Rules on Auditing Standards Related to the Auditor’s Assessment of and Response to Risk and Related Amendments to PCAOB Standards (2010) resource National Regulations OCEG Reviewed

Board’s Statement of the Terms of Substance of the Proposed Rules On August 5, 2010, the Board adopted the following eight auditing standards:• Auditing Standard No. 8, Audit Risk• Auditing Standard No. 9, Audit Planning• Auditing Standard No. 10, Supervision of the Audit Engagement

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Risk Assessments services
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European Commission: Solvency II resource Agency Web Sites OCEG Reviewed

'Solvency II' will introduce economic risk-based solvency requirements across all EU Member States for the first time. These new solvency requirements will be more risk-sensitive and more sophisticated than in the past, thus enabling a better coverage of the real risks run by any particular insurer.

Solvency I

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OMB Circular A-133 Compliance Supplement March 2009 resource Agency Guidances OCEG Reviewed

Audits of States, Local Governments, and Non-Profit Organizations

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ARRA and Single Audits: Addressing the Risks and Challenges (2010) resource Articles OCEG Reviewed

This articles discusses the process of an OMB A-133 audit and developing an audit strategy.

CPA Journal, May 2010

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USSC, Amendments to the Sentencing Guidelines - Reader Friendly Version of Amendments (Aprill 28, 2011) resource Standards and Guidelines OCEG Reviewed

This compilation contains unofficial text of amendments submitted to Congress on April 28, 2011, effective November 1, 2011.

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