Currency Risk: The Purpose and Risk of Money
What Is Money?People may say that “money is the root of all evil,” but is it? It may be best to point out that the original quote is better expressed as, “for the...
How to Get Your Accounts Payable Process to Work for You
One of our leading practices to consider for your accounts payable process is to develop strategic business alliances with suppliers and involve them in developin...
How to Successfully Optimize Your BCM Program
Business continuity management (BCM) is the development of strategies, plans and actions that provide protection or alternative modes of operation for activities ...
What is IT Performance Risk?
Performance is defined as the throughput of business transactions compared to user needs, expectations or requirements. IT performance risk is the risk that a com...
Important Factors of Data Analytics You Need to Know
Auditors can use data analytics to avoid the massive waste spending that often goes hand-in-hand with hiring outside vendors and contractors. This technique doesn...
How to Monitor and Manage Legal and Ethical Issues
Globalization, technology and expanding economic development have propelled business to a leading role in shaping the course of human events. With that influence ...
Improving the Close-the-Books Process
An effective business process is built on a set of well-defined and clearly stated business objectives. These key objectives articulate the ideal performance resu...
Guide to the State of Data Analytics
What is Data Analytics?Data analytics is the practice of embedding insight into operations to drive business strategy and performance.What Does this Mean?With the...
Audit Committee: How to Maximize Your Evaluation
Every audit committee should assess the effectiveness of the organization’s internal audit function at least annually, if not throughout the year. The critical ro...
Are You Properly Managing Cash Flow Risks?
Cash flow management is the mobilization of company funds, the investment of these funds to produce income and compensation of the banks that support the process....
