Governance, Risk and Compliance, or GRC for short, refers to a company’s coordinated strategy for managing the broad issues of corporate governance, enterprise risk management (ERM) and corporate compliance with regard to regulatory requirements.
In the business world, risk management is the process of identification, analysis and acceptance or mitigation of uncertainty in a decision making. Learn more in this article.
Every business faces risks that could present threats to its success. In this Month until June, we will tackle all about Risk Management.
Whether your business is a start-up or a multi-national firm, a certified financial statement is essential. A compiled financial statement is a cost-effective approach in providing a certified statement to banks, funders, and other stakeholders.
A reviewed financial statement is less costly than audited financial statements and may be an alternative for organizations that have bank financing or bonding requirements. Read more to learn about reviewed financial statements.
An AUP engagement is one in which a licensed CPA firm is engaged by a client to issue a report of findings based on specific procedures performed on a specific subject matter. Learn more in this article.
There are times when an organization must determine if its programs or projects have complied with laws, regulations or provisions of contracts. The compliance audit may be preferred rather having a full financial statement audit.
Every company needs an Accountant. In this post, We explained when and how to choose the right Firm.
“***News Flash*** As many of us have either completed or are in the process of implementing major changes to Not-For-Profit financial statements, don’t forget about the new Revenue Recognition Standards for NPOs. Please read further…..”
No one wants an Adverse Opinion due to its detrimental effect on the organization’s credibility. Although rare, adverse opinions are becoming more common these days. Let’s discuss how to avoid it.