Canadian organizations can take major steps toward mastering the
challenges of modern business risks by incorporating those perils
into strategic planning and nurturing strong risk cultures. This is
according to a new white paper from Crowe Horwath Global Risk
Consulting and The Institute of Internal Auditors (IIA) Canada
titled, "
The State of Risk Management in Canada 2015."
The whitepaper is based on findings from the inaugural Mastering
Risk in Canada survey, which questioned risk professionals working
in internal audit, risk management and internal control functions,
as well as operational managers with responsibility for applying
and maintaining internal controls. The survey elicited more than
110 responses from a broad cross-section of Canadian businesses and
public sector organizations. It was undertaken as part of an
ongoing initiative to recognize organizations that have
demonstrated sustained efforts toward mastering risk.
