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We have all heard the saying "The buck stops here". The Treadway report indirectly states that...

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Accounting

We have all heard the saying "The buck stops here". The Treadwayreport indirectly states that the "buck" stops with the Board ofDirectors and Senior Management. In addition, the Sarbanes-Oxleyact provides both specific requirements and severe punishments fornon-compliance.

For your initial post discuss why the "Tone at the top" of anorganization is essential to a successful Enterprise RiskManagement program. Please be specific in your post and usedetailed examples of the benefits of a strong and focused tone atthe top versus a weak tone at the top.

In your subsequent post(s) discuss how risk management can beintegrated into a company's culture. Give specific examples. Whatare some of the barriers?

Answer & Explanation Solved by verified expert
3.8 Ratings (736 Votes)
In simple words Tone at the top means to create and protect a balance between the enterprise values While balancing value creation preservation and emphasizing shortterm and longterm    See Answer
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