As audit committee involvement in ERM oversight evolves, more of those who serve are beginning to realize the benefits of better risk intelligence for them in their governance roles. Many are learning that ERM is producing better risk insights that help the board in its strategic oversight by identifying events. In addition, better risk intelligence means both audit committees and the full board are better informed. In the end, the increase in audit committee and board risk management oversight is strengthening the board’s ability to protect and enhance stakeholder value.