Thank you for the invitation to open the Bank Administration Institute's important and timely conference on audit, compliance, and e-security. Today, I will share some of my views on effective corporate governance and risk management with a special focus on certain aspects of the current risk environment.
I will also talk about the role of internal auditing in both the enterprisewide risk-management environment and the new world of the Public Company Accounting Oversight Board's standards. Finally, I will mention two current accounting and reporting developments.