Enterprise Risk Management (ERM) in Malaysia (häftad)
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Format
Häftad (Paperback / softback)
Språk
Engelska
Antal sidor
456
Utgivningsdatum
2011-10-19
Förlag
LAP Lambert Academic Publishing
Medarbetare
Abdul Aziz, Asmah / Kasim, Isahak
Illustrationer
black & white illustrations
Dimensioner
229 x 152 x 26 mm
Vikt
663 g
Antal komponenter
1
Komponenter
Paperback
ISBN
9783846535509

Enterprise Risk Management (ERM) in Malaysia

A Study of the Status of Implementation, the Role of Internal Audit and the Impact on Organisational Performance

Häftad,  Engelska, 2011-10-19
1101
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Arising from the financial and corporate crashes from the 20th to the 21st century were several issues involving the accounting profession that eventually led to a few major changes in the accounting world. The collapses of these high profile companies were so great that they eventually caused unbearably financial losses to the stakeholders. Following the incidents, regulatory agencies around the world have started to focus on strengthening their measures to prevent more corporate collapse due to mismanagement on the Enron scale. Thus, risk management is becoming a high priority for large companies especially those operating in various countries. ERM is a concept of providing a principle based approach to risk management on aa company wide basis. It is a top-down integrated and comprehensive process for determining, evaluating, assessing, controlling, and monitoring all manner of risks faced by corporations. Nonetheless, the important issue worth investigating is whether the ERM could really improve shareholders' wealth? and whether the internal auditors are able to perform their task in the ERM as proposed by the IIA Position Paper?
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