Senior finance executives say their companies are often not in alignment about the need for enterprise risk management oversight, a survey on behalf of the American Institute of CPAs shows.
Managing reputational risks on a global scale is likely to require more of a time commitment from corporate directors in 2015. To help boards manage their time and agenda, here are five priorities they should address.
Risks posed by regulation remain the top concern for company executives and directors in 2015, according to a new survey report ranking the top ten business risks.
Here’s how companies with outsourced service providers can meet the requirements of the updated internal control framework of the Committee of Sponsoring Organizations of the Treadway Commission (COSO).
Audit committee members say they would like more time for oversight on risk topics such as internal controls, cyber-security, and regulatory compliance.
In an increasingly complex business environment, using risk-return techniques to allocate resources across projects or business units can promote more robust decision-making, according to a new Deloitte report.
Chief information officers in a global survey say cyber-security is a top priority, and more than half of them say budget constraints hold back IT innovation. While IT spending is on the rise, some IT executives say the IT function remains more of a utility and less of an innovation partner.
Board members have a wide range of skills and expertise to offer, but given the time constraints on their formal activities, organisations rarely take full advantage of this knowledge. Executives reveal how their organisations make the most effective use of the limited time the board spends together.
Home Depot’s recent data breach, which happened while the company was upgrading its security systems, was one of the nine most common types of cyber-attacks. Find out how to prevent these attacks.
About three-fifths of executives say long-term incentives motivate them to remain at their current organisation, according to a global survey by the Association of Executive Search Consultants. Most members of the C-suite reported receiving an increase in pay during the most recent fiscal year.
Proxy reports filed by US public companies often discuss how nonaudit services may affect independence, according to a new report. But other elements of relationships with auditors are disclosed less often.
Employees’ reports about unethical and non-compliant incidents have gone up in the past five years. Two benchmark reports suggest how companies may interpret the numbers.
Internal auditors who receive incentives based on profits or revenue report higher job satisfaction and loyalty to their organisations without having their objectivity compromised, according to a new survey report.
Fraud-resistant organisations possess an ethical culture, encourage scepticism and have all participants in the financial reporting supply chain engaged in preventing fraud, a new report says.
Predictive analytics have the potential to deliver competitive advantage. Case in point: Nissan Motor Co. Ltd., where knowledge of the supply chain — fuelled by predictive analytics — led to quick recovery after Japan’s earthquake and tsunami. John Wilenski, CPA, CGMA, explains how.
Small businesses often lack the resources to maintain a secure IT environment and may falsely assume hackers attack only large organisations. Some simple steps can help small businesses protect themselves against cyber risks.
A study by PwC estimates between €896 billion and €1,415 trillion ($1.1 trillion and $1.8 trillion) could be released from balance sheets globally through improved working capital management.
Companies with an expanding global footprint have been slow to add directors with global capabilities to their boards, according to research by global executive search firm Egon Zehnder. To better understand the impact of this gap, companies should ask three questions.
