PwC Sees Corporate External Risks Ushered in, Big4.com Reports

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PwC report examines challenges and innovative strategies needed.

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Big4.com, the premier social networking forum for professionals and alumni of Accenture, Andersen, BearingPoint, Capgemini, Deloitte, Ernst & Young, KPMG and PricewaterhouseCoopers PwC reports according to a new PwC US Risk in Review paper, the Eurozone debt crisis and U.S. political uncertainty, combined with extreme and unexpected events, are continuing to create external risks that companies are grappling to overcome.
Big4.com notes the report, entitled “Coping with the unknown: Risk management strategies for an uncertain world,” says companies are now more adept at managing internal risks thanks to well-developed enterprise risk management (ERM) programs. Yet these same ERM programs are less effective in dealing with external threats.
Bi4.com also notes that one of the solutions presented states that rather than running a typical stress-testing scenario, companies are starting from a failure scenario and working backward to understand their organization’s level of resilience.

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Big4.com is the accounting, tax, consulting and IT professions’ premier resource, and has been exclusively focused on Big Four firm professionals and alumni for 10 years, providing high quality content, connectivity and commerce. The Big Four Job Board offers fresh job opportunities – clients include the world’s leading companies. Big Four News covers key news, developments, events, survey results, press releases and appointments. The Big Four Blog provides opinion and insight on recent and key developments, news, happenings, management changes, regulations, acquisitions and capital market activities. Big4 Video is a professionally produced news covering key global developments in this space.
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  • Kristy Short

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