| • |
Are your risk management philosophies set out
in the board’s resolutions and board approved policies?
Do these documents serve as the blue print for building your
risk management strategies, tactics and processes? |
| • |
Do you have a set of reliable metrics with which to measure
your risks and measure the strength or weakness of your programs?
Do you know the extent of your foreign
exchange exposures globally?
Have you properly measured your insurance requirements? |
| • |
Are these metrics used and well understood at all levels
within the organization? |
| • |
Do your programs take into account tax, legal, and accounting
concerns? |
| • |
Are you confident you are meeting FAS 133 and Sarbanes-Oxley
requirements? |
| • |
Are your processes efficient, controlled and automated? |
| • |
Do you feel protected against fraudulent financial transactions? |
| • |
Do you have the appropriate measures in place in the event
of a disaster? |
