May 21, 2012
From the Audit Committee Institute
Incented and compelled by the pace and scale of legislative and regulatory changes and related demands for accountability, many organizations are reassessing corporate governance programs from the top down and bottom up.
This new complex global landscape requires a more adaptable compliance approach that systematically considers the timing of rulemaking, business implications and risk mitigation strategies.
Even after recalibrating the compliance processes, executive roles and skill sets, and supporting technology, directors of leading companies are still asking: Are we ready to govern in this new environment?
Here are five key questions to help assess the state of readiness.