How to use COSO to implement and scale AI projects
The COSO enterprise risk management framework can help leaders manage risks associated with their AI strategies.
Internal control over financial reporting
A take on cryptoasset transactions, investments, and risk
CFOs need to gain perspective on how to handle the accounting, tax, internal control, and risk management challenges of cryptoasset transactions.
Articles on risk assessment and home office deduction win JofA awards
Two articles received the JofA’s Lawler Award for the best articles of 2020.
COSO provides guidance on application of ERM to cloud computing
New guidance from the Committee of Sponsoring Organizations of the Treadway Commission (COSO), provides a detailed road map for incorporating cloud computing into an organization’s enterprise risk management.
Fighting fraud with business continuity planning
Preparation may be the best defense against fraud when disaster strikes.
Excel depreciation advice; risk management lessons learned
Hear more on calculation of depreciation in Excel from a Technology Q&A author, and hear from a risk management expert on what organizations have learned in the past year.
A new risk management tool, and PPP and tax deadline updates
Hear or read about the Association’s new risk management resource, plus news on tax deadlines, potential PPP application deadline changes, and more.
Staying vigilant against fraud during the pandemic
Internal controls need to be front and center, as the COVID-19 crisis has increased the incentive and opportunity for fraud.
When factoring receivables can help SMEs improve cash flow
Small businesses may be able to solve cash flow problems by factoring their receivables, then selling them to a financial institution at a reduced price for cash upfront. Here’s how to find out if the strategy makes sense.
Capex risk management during the coronavirus pandemic
The coronavirus pandemic has disrupted companies' capital project plans, not only this year but most likely for the foreseeable future. This five-step risk-modeling approach can help finance leaders identify company vulnerabilities and capital expenditure opportunities.
How to apply COSO’s ERM framework to compliance risk management
A new publication provides guidance on how to apply the Committee of Sponsoring Organizations of the Treadway Commission’s enterprise risk management framework to manage and mitigate compliance risks.
Unclaimed property: What is it, and what are the risks?
CPAs must follow proper policies and procedures to avoid state audits and steep penalties caused by noncompliance with unclaimed property regulations.
Pandemic resilience starts with compassion, accountants say
Panelists at an AICPA fall Council presentation on resilience explained how basic values can drive success during troubled times such as the coronavirus pandemic.
How 2020 has changed corporate board work
The lessons corporate directors take away from the pandemic will be critical to company survival and success beyond 2020. This podcast episode contains insight on board members’ thinking.
Audit committee cybersecurity disclosures rising in proxy statements
Disclosures around oversight of cybersecurity risk by audit committees are increasing in public company proxy statements, according to a yearly analysis released by the Center for Audit Quality and Audit Analytics. But other disclosures have leveled off in recent years.
Safety of employees, customers ranks as top pandemic-related concern
A survey of U.S. finance decision-makers sheds light on the precautions businesses are taking and how they plan to address future office space needs.
Evaluating blockchain and internal control through a COSO lens
Although blockchain technology creates new risks, organizations also can use it to improve risk management and create better controls.
Three Lines Model for risk management gets major update
The Institute of Internal Auditors issued a major update to the Three Lines of Defense model that has been popular in risk management and governance processes for years.
Pandemic-related legal risks that you can’t afford to ignore
A lawyer with years of experience advising companies on crisis management shares current and future legal risks organizations should be considering.
COSO provides new guidance on risk appetite
The Committee of Sponsoring Organizations of the Treadway Commission has published new guidance on risk appetite and its critical links with strategy and decision-making.
