Keeping enterprise risk management top of mind with board members, senior executives and midlevel managers can be challenging, says Lynn Fountain, a management consultant and former chief audit executive. These steps can help companies manage different types of risks and drive performance.
More corporate boards are asked to balance the short-term demands of activist investors and the long-term strategic planning that technological innovation demands.
The International Business Compass ranks 174 countries by economic, regulatory, and labour force conditions to allow small and midsize enterprises interested in expanding their export business or their overseas production a first look at new markets.
Pay for a typical outside director of a US public company hit $250,000, according to research by Towers Watson of proxy statements filed before June 30th.
Despite efforts to do a better job handling cyber-threats, financial institutions worldwide are still outdone by nimble cyber-criminals. Here are tips for how financial institutions can become more resilient.
Bob Mims, CPA, CGMA, Ducks Unlimited’s controller and director of investments, discusses how a not-for-profit can create a successful strategic plan.
A constantly expanding set of technological tools presents rapidly increasing opportunities for internal auditors to provide value to their organisations.
Although measuring culture is a difficult task, internal auditors are well-placed to provide boards with useful insight into the cultural health of their organisation by examining the cultural aspects that influence and affect the criteria that are being audited.
To increase SMEs’ options, especially as heightened regulatory scrutiny has raised banks’ risk aversion in the wake of the global financial crisis, the International Organization of Securities Commissions offers seven recommendations to ease SMEs’ access to capital markets.
Internal audit is playing an important role in helping businesses succeed in an environment where technological innovation and global interconnectedness present rapidly moving challenges and opportunities.
A growing number of companies are expected to sell parts of their business in the next year, but only about one in five of the divestments is likely to be fully successful, according to a new report.
Internal auditors may need to change their approach to audit planning to keep up with unexpected and fast-paced changes in risks, a new global survey shows.
Changes to professional guidance are designed to help internal auditors provide service that helps their organisations successfully navigate risks that are changing and accelerating rapidly.
Businesses and their activities are under increasing public scrutiny, and digital communications mean that any perceived transgressions can be broadcast throughout the world within seconds, as a number of recent high-profile cases illustrate.
Surveys that focus on executives at small and midsize enterprises suggest that many organisations have begun to strengthen their processes to handle emerging enterprise risks, but only one-third of the enterprise risk oversight programmes in the rest of the world are mature.
Credit risk management has improved at financial services companies worldwide, but the lessons learned from the financial crisis of 2008 and the sovereign debt crisis that followed in the euro zone weren’t enough.
