Topic: Risk

A probability or threat of damage, injury, liability, loss, or any other negative occurrence that is caused by external or internal vulnerabilities, and that may be avoided through preemptive action.

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Are audit committees responding effectively to new challenges?

The Hayne Royal Commission, the CBA Inquiry, and recently the Bergin report into Crown Casinos continue to spotlight governance failings. A lack of urgency in dealing with issues, poor reporting, and ...

The board’s role in preventing workplace sexual harassment

Sexual harassment is now recognised as an important governance issue. Organisations are considering the steps they must take to manage the risk and are shifting their focus from response to prevention...

Preventing workplace sexual harassment - obligations for directors

In January 2021, Safe Work Australia released new guidance aimed at assisting directors and officers discharge their duties under WHS laws to address the risk of sexual harassment occurring in the wor...

What key directors have to say about risk and resilience

Facing mounting strategic and operational risks, senior directors discuss the lessons they've learned in building resilience in this special Company Director-FM Global roundtable.

Crown Resorts inquiry puts risk management in the spotlight

From allegations of money laundering, breaching gambling laws and links to organised crime groups, the Crown Resorts inquiry raises questions about the Sydney casino board's ability to manage non-fina...

Why climate change risk hasn't gone away

Analysis by MinterEllison on corporate climate change risk reporting should be a wake-up call for companies that have not improved their disclosure in 2020, says special counsel Sarah Barker.

Risk and compliance: rethinking the three lines of defence

The Institute of Internal Auditors has updated its three lines of defence risk model. CEO Peter Jones shares what directors need to know.

Tesla chair Robyn Denholm's tips for driving a culture of innovation

From ensuring your board has a strong focus on strategic risk to developing a cyber strategy, Tesla chair Robyn Denholm reflects on leadership and governance lessons.

Critical reporting risks boards should consider when reviewing financials

Insights from BDO’s recent Financial Reporting Risk Review show that of the major concerns currently facing organisations across corporate Australia, cash flow is the most pressing financial rep...

Risk takes the spotlight in board crisis lessons

What lessons have we learned about risk in the wake of the crisis? Many boards were under prepared for the unprecedented COVID-19 crisis and now face intense pressure to get their strategic risk manag...
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