Opportunity risk occurs whenever there’s a possibility that a better opportunity may become available after...

A budget is a systematic method of allocating financial, physical and human resources to achieve strat...

Is The Treasury Function Ensuring Superior Financial Services for Your Company? The treasury function at ...

The accounts payable process is all about how a company pays its bills. For most companies, accounts p...

A list of definitions for words and phrases commonly used in the internal audit and risk management industries, and foun...

Credit and Collections Defined When defining credit and collections, it's best to begin with an understand...

Getting to the Core of Accounts ReceivableAccounts receivable (AR) refers to the proceeds or payments that ...

Audit programs are a key component of the audit planning process. KnowledgeLeader's customizable audit prog...

These KPI templates provide key objectives for a variety of business processes, the outcome measures associ...

Policies and procedures influence and determine major actions and processes throughout an organization. The...

Settlement risk, in its simplest form, is the risk that one party won’t hold up their end in a transaction....

Explore how cost management involves all aspects of planning and controlling a budget with the tools linked...