Governance, Risk, and Compliance Handbook: Technology, Finance, Environmental, and International Guidance and Best Practices

CONTENTS

Preface

Acknowledgments

About the Contributors

CHAPTER 1 INTRODUCTION

1.1 Act Locally, Impact Globally

1.2 Governance

1.3 Risk

1.4 Compliance and Internal Controls

1.5 GRC and Globalization

1.6 Growth of Global Trade

1.7 Simple Suggestions to Improve Governance, Risk Management, and Compliance (GRC)

1.8 Why Read This Book: The Case For Good GRC

1.9 Organization of the Handbook

PART 1 Corporate Governance

CHAPTER 2 A RISK-BASED APPROACH TO ASSESS INTERNAL CONTROL OVER FINANCIAL REPORTING (ICFR)

2.1 A Risk-Based Approach to Assessing ICFR

2.2 Determine Key Stakeholders

2.3 Establish the Risk Management Context

2.4 Risk Rating and Risk Identification

2.5 Analyze and Evaluate Risks

2.6 Treat/Mitigate Risks

2.7 Identify, Assess, and Report on Residual Risk Status

2.8 Concluding Remarks

CHAPTER 3 COSO—IS IT FIT FOR PURPOSE?

3.1 The Roots of COSO

3.2 COSO the Committee and COSO the 1992 Integrated Control Framework: Have They Stood the Test of Time?

3.3 Actual Market Acceptance Of the COSO 1992 Framework Prior to SOX

3.4 Expectations of COSO Escalate Overnight

3.5 Is COSO 1992 Free from Bias?

3.6 Does COSO 1992 Permit Consistent Quantitative/Qualitative Measurement?

3.7 Is COSO 1992 Sufficiently Complete So That Relevant Factors Are Not Omitted?

3.8 Is COSO 1992 Relevant to an Anylysis Of Controls Over Financial Reporting?

3.9 COSO: Looking Forward

CHAPTER 4 TIME TO RETHINK THE CORPORATE TAX

4.1 Q&A withs mihir Desai

4.2 About Faculty in This Article

CHAPTER 5 THE ROLE OF ...