The Top Ten Risks for Business in 2008 - Strategic Business Risk - AABS - Ernst & Young

Ernst & Young has released a report that lists the top ten risks facing business. The report, released after a massive research effort, lists regulatory and compliance risk as the greatest risk. This will be no surprise to those numerous executives who have struggled to comply with the demands of Sarbanes-Oxley and, in Canada, both SOX and the similar CSA rules. It has been a huge drain on corporate resources, which some say has been a case of overkill. It has, however, focused management on systems, and led to many systems improvements, which has been a good thing. Risk - AABS - Ernst & Young