In a difficult economic climate, a company’s odds of survival depend on how skillfully it manages risk. A well-rounded risk management strategy can help companies stay in business because they... Read More
Blog
Substantive Testing vs. Control Testing: How Do They Compare?
Financial integrity is the foundation of business success and investor confidence. Major financial scandals, like Enron or WorldCom, highlight the critical importance of thorough financial examination. So, companies need reliable... Read More
What is the Importance of Internal Controls in Corporate Governance Mechanisms?
At the core of business management are the rules, practices and processes that define how your organization is directed, operated and controlled. This system, known as corporate governance, is aimed... Read More
What Are the Top Operational Risks for Banks?
What Are the Top Operational Risks for Banks? In one of its papers, the Basel Committee on Banking Supervision (BCBS) defines operational risks for banks as “the risk of loss... Read More
What is Technology Risk?
Technology risk (or IT risk) is the chance that technology failures, such as cyberattacks, service outages, or outdated equipment, could disrupt business operations. If not managed properly, these risks can... Read More