Know these basic business fraud warning signs
This article discusses some red flags experienced forensic accountants look for, and advice for ways to ferret out and prevent wrongdoing.
Risk management and internal control
Wage garnishment — what employers should know
The employer is responsible for calculating the garnishment amount, withholding it through its payroll process, and forwarding payments to the correct agency or creditor.
How formal ERM implementation can help federal agencies
Federal government entities are embracing risk management practices that can help them make better decisions and be more transparent.
Draft guidance applies ERM principles to ESG risk
COSO is focused on complex, entity-level risks.
How to mix innovation and risk management
Companies that integrate innovation and risk are more advanced in disruptive technologies and more confident in revenue projections, a survey says.
Companies see need to manage risks, but they’re slow to act
Linking enterprise risk management practices with strategy remains a challenge for companies, who say risk environment continues to grow in complexity.
How internal audit can improve by embracing technology
By embracing new technologies and developing new skills in their own operations, internal auditors can develop a point of view on new risks and deliver value to the organization.
A more effective approach for internal audit
By developing a methodology for collaboration across all three lines of defense, internal audit can make the most of company resources and technology for risk management.
Draft guidance applies ERM principles to ESG risk
Recently issued supplemental draft guidance is designed to help organizations apply enterprise risk management (ERM) principles to environmental, social, and governance (ESG)-related risks.
What tax reform means for audit committees
The Tax Cuts and Jobs Act provides many issues for audit committee members to consider in their oversight of financial statements, external auditors and risk management.
Georgia-Pacific’s Sobel named COSO chairman
Paul Sobel, the chief audit executive of Georgia-Pacific, replaces Bob Hirth as the chairman of the Committee of Sponsoring Organizations of the Treadway Commission.
ERM for a changing world
Make effective use of the updated enterprise risk management framework from the Committee of Sponsoring Organizations of the Treadway Commission.
How to turn disruption into opportunity
Scott Adair, CPA, CGMA, CFO for the Rochester-Genesee Regional Transportation Authority in New York, discusses how to be flexible when temporary changes arise.
Expect the unexpected: Risk assessment using Monte Carlo simulations
Modern computing power, combined with software including Microsoft Excel, can produce advanced statistical models to analyze the risks of business opportunities.
COSO updates ERM framework
The changes tie risk management with strategic planning.
How to prepare for the annual review of your employee retirement plan
Know the areas to scrutinize in an annual employee retirement plan review to reduce the risk of errors, misunderstandings, or breaches of fiduciary duty.
Andrew Prather, CPA, CGMA
Communicating financial stability and strengthening policies and procedures are two areas where CPAs can help not-for-profits, according to Andrew Prather, CPA, CGMA, an audit shareholder at Clark Nuber.
How Industry 4.0 will change accounting
This column discusses the financial impact of the fourth industrial revolution and why CPAs need to prepare for changes.
Updated COSO ERM framework ties in risk with strategy
The update of the 2004 framework highlights the importance of enterprise-wide risk management in strategic planning.
CFOs and sustainability—a growing relationship
There are powerful reasons why corporate finance teams should be key participants in their business’s sustainability journeys.
