Where Boards of Directors Currently Stand in Executing Their Risk Oversight Responsibilities   

To develop deeper knowledge of the risk oversight process as it is applied by today’s boards of directors, and to understand both the current state and desired future state of board risk oversight as viewed by directors, the Committee of Sponsoring Organizations of the Treadway Commission (COSO) commissioned Protiviti to conduct a survey regarding the risk oversight responsibilities of the board of directors and how those responsibilities are being performed. As detailed in this report, the results shed new light on how boards are fulfilling their risk oversight obligations, the maturity of their processes for meeting these responsibilities, and key areas offering opportunities for improvement as the risk oversight playbook evolves.

Read the new Board Risk Oversight Survey report from COSO and Protiviti (PDF) 

Listen to our podcast discussing the results of the COSO/Protiviti survey on board risk oversight.

Read also:

1. Board Perspectives: Risk Oversight – “Survey Results Provide Baseline for Board Risk Oversight” and “Recommendations from Protiviti's Board Risk Oversight Survey"
2. The Bulletin – “The Current State of Board Risk Oversight”
3. Press release – “COSO Releases Results of Two Surveys on Current State of Enterprise Risk Management and Board Risk Oversight”