内部控制与风险管理英文资料.pdfVIP

Centre for Business Performance Thought leadership from the Institute… Making it a success Immediate actions Embedding the process Disclosures Implementing Turnbull A Boardroom Brie?ng Monitoring Board level considerations Getting buy-in of operational management Adding value from the process Keeping it simple and straightforward Bene?ts and consequences Suggested steps to take Pitfalls to avoid Centre for Business Performance Thought leadership from the Institute… Foreword With the ?nalisation of the guidance on internal control developed by the Working Party led by Nigel Turnbull, the last piece of the Combined Code is ready to be put in place by listed companies subject to its principles and provisions. For directors, the task ahead is to implement control over the wider aspects of business risk in such a way as to add value rather than merely go through a compliance exercise. There is also a need to get the buy-in of people at all levels of the organisation and to focus on risk management and internal control in such a way as to improve the business. The brie?ng, which Martyn Jones and Gillian Sutherland have developed with input from other people knowledgeable in the practicalities of risk management and internal control, is not intended to be further authoritative guidance which directors have to follow. Instead, it aims to be a source of timely, practical help to those directors who wish to take steps to implement the new guidance in a straightforward way which brings business bene?ts. I commend it particularly to directors of smaller listed companies. We are now in an era when more focus can be placed on gaining business advantage from good governance practices. The new guidance relating to internal control, and this brie?ng, should help in this area. Sir Brian Jenkins GBE, MA, FCA Chairman Corporate Governance Group The Institute of Chartered Accountants in England Wales September 1999 Implementing Turnbull – A Boardroom Brie?ng 1 Contents Executive Summar