Citation Matching
Project 36230 –
Task 1119113
| Instructions: Identify the Control, if it exists, to which the Citation should be mapped. | Task Description: Match the "Skills, Experience, and Business Knowledge ¶ 2" Citation to a Control | Authority Document URL: Website URI Document URI |
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Citation Reference: Skills, Experience, and Business Knowledge ¶ 2 Citation Guidance: Risk oversight is possible only when the board understands the entity's strategy and industry, and stays informed on relevant issues. As the business context changes, so does risk to the strategy and business objectives. Consequently, the required qualifications for board membership may change over time. Each board must determine for itself, and review periodically, if it has the appropriate skills, expertise, and composition to provide effective oversight. For example, entities exposed to cyber risk may need to have board members who either have expertise in information technology or access to the required expertise through independent advisors. | ||
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