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Council Post: What Are We Disclosing? The Non-Financial Metrics That Can Get Companies In Trouble

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Organizational resilience requires strong governance and systems, which can only be maintained when the board has clarity of information.

say the areas of risk overseen by the audit committee have dramatically expanded since the passage of the Sarbanes-Oxley Act of 2002 . Concerningly, the metrics they are empowered with to effectively oversee those areas of risk have not kept pace.

Performance in this era requires that we see financial metrics as one tool in a much larger toolbox—and broaden our definition of what a business set up for long-term success entails.

 

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