Changes at the top, even the best planned ones, reduce shareholder value in the short term, according to research by PwC’s consulting group. But firing the CEO without having a successor lined up is costlier.
Executives and corporate directors believe business uncertainties and threats are increasing, a PwC survey suggests. The survey results explain how improved risk-management programmes can improve financial performance.
Treasury’s expanded, increasingly strategic role poses challenges that can be addressed by defining new responsibilities and priorities and by the way treasury interacts with other functions in the business.
A Grant Thornton report shows that audit executives and audit committees have different priorities for internal audit. Audit committees want more focus on financial risks, while audit executives focus more on compliance risks. Grant Thornton offers five ways to optimise internal audit functions.
Unlike the complicated chains of credit securitisation that helped trigger the global financial crisis eight years ago, today’s non-bank debt is straightforward, simple, and generally transparent, but its rapid rise poses some risks.
Many internal audit functions will need to undergo a fundamental shift in the coming years to keep pace with changes at their organisations, according to a new survey report.
The varied roles of internal auditors, external auditors, and audit committees often intersect. A new report describes how they can work together for mutual benefit.
Internal auditors in North America are confident in their ability to assess risks on a continual basis, but they face a potential talent shortage in the profession.
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.
