Governance and risk

Firms turn to finance for CEO posts

Britain’s largest companies are increasingly turning to chief executives with a background in finance, according to Robert Half’s annual FTSE 100 CEO Tracker.

Lower wages lure BPO work to Eastern Europe

Central and Eastern European (CEE) countries continue to be popular destinations for business process outsourcing (BPO) and shared services, despite rapid economic development that is causing wages to rise.

Protiviti exec Hirth named COSO chairman

Robert Hirth, CPA, a founding managing director of global consulting firm Protiviti, has been named chairman of the Committee of Sponsoring Organizations of the Treadway Commission (COSO).

8 steps to update internal control

These eight steps can help organisations implement the newly updated internal control framework of the Committee of Sponsoring Organizations of the Treadway Commission (COSO).

Companies step up patent filings to prepare for global recovery

International patent filings rose a robust 6.6% in 2012, according to the World Intellectual Property Organization. It’s the third consecutive year the number of filings has risen, following a 4.8% decline at the height of the global debt crisis in 2009.

Gender-diverse leadership fosters innovation

Innovation and idea generation are the greatest benefits to organisations that embrace male and female leadership, but boardroom diversity is still low across most developed countries, according to new research by Deloitte.

Europe takes step toward mandatory audit firm rotation

The EU took a step toward requiring mandatory audit firm rotation when the European Parliament’s Legal Affairs Committee voted 15–10 in favour of a draft law that would require public-interest entities such as banks, insurance firms and listed companies to rotate audit firms every 14 years.

Finding your pace in the three-speed world economy

The International Monetary Fund forecast a three-speed global recovery starting in 2013: Economies in Asia, sub-Saharan Africa and Latin America are projected to be in the lead, with the US picking up some speed and Europe lagging.

What to ask when evaluating your risk-assessment process

Executives and boards of directors can benefit from a periodic assessment of risks on the horizon to position their organisations for a proactive response to emerging risks. Consider asking these questions as you evaluate your company’s risk-assessment processes.

Dated approach to information risk costing businesses

Companies that take a heavy-handed approach to the management of information risk are dragging down their own bottom line, even as they continue to find value in the information they’re harvesting. CEB research discusses how companies can be better at managing instead of simply reducing risk.

UK companies lax on supply-chain risk

Half of UK companies are failing to investigate the potential legal and reputational risks posed by their supply chain, according to new research by Ernst & Young.
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