Week 2 Discussion: Company Risks

Choose a US publicly traded company that interests you. Find the 10-K or annual report for the company check the investor relations section of the company for the report. Read about how a public company discusses its business risks, in particular item 1 (Business risks), item 7 (Management's discussions & analysis of), and item 9A (Controls & Procedures) in its most recent filing.

Please provide your comments to the following: Company name and a brief summary of its business and related risks, and why the company interests you.

Regarding managements discussion & analysis of and "controls & procedures (item 7 & 9A), do you think management covers the ERM framework in its entirety or just certain aspects of the framework? Why is that so? Does your selected company describe the roles & responsibilities for risk, including but not limited to: Board of Directors, Risk Officer, Senior Executives, etc. If so, please include a brief summary.

Provide your thoughts on the roles & responsibilities that the IA function may play in this company as it relates to risk management.