GRC Illustrated Series: #1 How Do We Align Our GRC Initiatives? resource GRC Illustrated OCEG ReviewedRead more
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.
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.
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.
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