In an increasingly complex risk environment, a number of global organizations have insufficient approaches to risk management and immature enterprise risk management (ERM) processes.
The 2022 Global State of Risk Oversight: Managing the Rapidly Evolving Risk Landscape report, commissioned by the AICPA & CIMA and North Carolina State University’s Enterprise Risk Management Initiative, surveyed 747 global senior finance and business leaders in 2022. The survey measured executives’ assessments of the level of maturity in their organization’s proactive management of risks through the adoption of ERM processes, which can help to look at risk management strategically from the entire firm’s perspective.