Over the past 10 years of his career, John McLaughlin has served as a regular contributor to The Financial Management Network on topics related to Enterprise Risk Management, The COSO Internal Control Framework, Sarbanes-Oxley Compliance, and SSAE 16 / SSAE 18 / SOC 1 and TSP 100 / SOC 2 reporting.
Preserving Enterprise Value: From Risk Management to Attestation
In the April 2017 edition of The Financial Management Network’s continuing professional education series, John McLaughlin discusses the latest thinking with Enterprise Risk Management (ERM) including the balance between value creation and value preservation, the importance of culture in successfully managing risk, whether the role of the Chief Risk Officer is necessary for an ERM program, and other particulars contained in COSO’s recent revisions to their ERM Framework. John also shares a number of practical examples on how organizations can establish, communicate and monitor the boundaries of Risk Appetite, as well well as his thoughts as to why certain organizations stumble despite active risk management programs.
Making the Transition to COSO’s Updated Integrated Framework
Prior to founding The Audit Exchange, John McLaughlin served as a frequent contributor to The Financial Management Network while leading the Risk Advisory practice of BDO. In this segment, John discusses the updated 2013 COSO Internal Control Framework and its application to Sarbanes-Oxley compliance including internal controls over financial reporting, as well as the effective use of internal controls over operations and regulatory compliance.
Risk Management Challenges: From COSO ERM to Penn State
Prior to founding The Audit Exchange, John McLaughlin served as a frequent contributor to The Financial Management Network while leading the Risk Advisory practice of BDO. In this segment, John shares his views and experience regarding Enterprise Risk Management and establishing effective programs to identify and monitor risk. Throughout the interview, John shares practical insights and the application of risk factors to avoid governance meltdowns such as Penn State.