Barrett & Greene
States and localities often measure their success, but too often they focus on data that’s easier to collect but may be less helpful in achieving a desired result.
OMB Backpedals on Risk Management
Federal News Network
The Office of Management and Budget released a revised Circular A-123 that de-emphasizes enterprise risk management, which had been added to this guidance to agencies on internal controls ten years ago. ERM is no longer the organizing principle and returns A-123 to a compliance orientation. Here’s a link to the final guidance; the article in FNN is a year old when the draft guidance was being circulated. Haven’t seen any more recent articles.
