Category: Risk management

Credit risk: a few easy steps can prevent major headaches, even extinction

Entrepreneurs are constantly setting up companies as new business opportunities arise. It’s called innovation, and that’s what Silicon Valley is all about. VCs put their money into these companies to help them grow wit…

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‘Investing in the business’ doesn’t have to mean embracing chaos

Have you ever been at a well-controlled company and heard at a company meeting that the board wants to accelerate the company’s development by “investing in the business”? These days, statements like this send shiver…

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Tips for talent management that drives performance, reduces risks

With unemployment figures hovering in the 8 percent range and headline news of a slow economic recovery, it is hard to imagine there is a shortage of qualified accounting talent. And yet, in a recent survey by Robert Half …

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Don’t let the cloud rain on your parade

I hear a lot about the many virtues of moving to the cloud. There are a lot of reasons this makes sense—among other things, the cloud can provide greater efficiencies, reduce costs, enhance productivity, remove geographi…

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ERM isn’t just for the big guys

Enterprise risk management (ERM) tends to be thought of as something only big companies need (or can afford). But it’s not just a megacorp thing—it can protect assets; rescue your company from unforeseen catastrophes, …

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MF Global’s ‘vaporized’ funds point to lack of internal controls

I recently read an article discussing how approximately $1.2 billion in cash went missing from the coffers of MF Global Holdings, simply “vaporizing” in the wake of the company’ s collapse, according to The Wall Stre…

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Did Sarbanes-Oxley kill the tech IPO?

In a March 2 CNBC interview, Marc Andressen was asked what one thing Washington could do to increase job creation and innovation in Silicon Valley. He replied by saying “attack regulation” and went on to specifically m…

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Disclosures tell only half the story of data privacy and protection

Facebook did things right in its S-1 disclosures relating to data protection and privacy as it relates to business risk. Among other things, the myriad disclosures warn investors of risks related to unfavorable media cover…

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New COSO Framework improves guidance, provides focus; update processes now

The Committee of Sponsoring Organizations of the Treadway Commission (COSO) recently released for comment a draft 2012 Internal Control—Integrated Framework. The 2012 framework, expected to be released later this year, a…

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