The five Cs of credit is a system used by lenders to gauge the creditworthiness of potential borrowers.
The process of building a sustainable, comprehensive internal control environment sufficient to comply with section 404 of the Sarbanes-Oxley act of 2002 (SOX) requires a significant investment of organizational resources.
One of the scariest moments for any organization is an IRS examination, particularly when the IRS is questioning whether the organization has strayed outside of its exempt purpose.
In order to start the process of managing risk, one must first ask the question, ÔÇ£what risks am I willing to take?ÔÇØ or in other words ÔÇ£what is my risk tolerance?ÔÇØ
Compliance training refers to the process of educating employees on laws, regulations and company policies that apply to their day-to-day job responsibilities.
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.
Chrome stores small files called cookies on your computer for a variety of reasons, one of which is to keep you logged in to your favorite websites. The browser also stores images and other files—called the cache—to make pages load faster when you revisit them. Unfortunately, websites commonly use cookies to track your browsing habits and target ads to […]
Accounting and finance professionals are finding that they must continually learn, unlearn, and relearn to maintain their highly trusted position in a rapidly changing business environment. Accountants need to understand emerging technologies that are changing the profession, such as blockchain, artificial intelligence (AI), and robotic process automation (RPA). They must do so in an environment […]