Category: Risk management

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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