December 2014

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Featured in this issue

BOARD OVERSIGHT OF RISK AND CAPITAL FOR BANKS USING ADVANCED SYSTEMS

Boards can facilitate compliance by exercising oversight of the strategic plan, the wider internal governance structure, and the enterprise risk management process. (p.12)

PCC’S PROGRESS PRIVATE COMPANY COUNCIL’S CHAIR GIVES ACCOUNTING OF ITS ACCOMPLISHMENTS AND GOALS

The Private Company Council is charged with making GAAP
more effective for both companies and their stakeholders. In an interview with RMA Journal contributor Dev Strischek, PCC Chair Billy Atkinson takes stock of what the council has achieved so far and what’s on the agenda at the two-year-old offshoot of the Financial Accounting Foundation. (p.64)

1914 - 2014 CELEBRATING 100 YEARS

A centennial is a time to celebrate, a time to review the past and cherish the foresight and contributions of those who have gone before us. It’s a time to reflect on the challenges met and the lessons learned through a century of business cycles. It’s also a time to look to the future and to make certain that we remain relevant to this now global industry.(p.70)

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Ten times a year, The RMA Journal provides informative articles and practical ideas written by risk professionals to help professionals stay abreast of industry changes and trends.