Board risk oversight
Southeast Audit Committee Network, February 2018
Boards face varying challenges in overseeing an ever-changing set of risks and evolving enterprise risk management (ERM) processes. Tax reform represents a significant change for companies to manage, presenting compliance, execution, and financial reporting risk. At the February 7, 2018, meeting of the Southeast Audit Committee Network (SEACN) in Orlando, Florida, members shared current risk management practices and discussed other factors affecting the current business environment—namely, tax reform and the macroeconomic outlook for the United States.