FiscalDoctor CEO and President Gary Patterson discusses takeaways from the latest NACD Public Company Governance Survey – guidance pertinent for small and mid-sized businesses (SMBs) and large organizations alike. Small and medium-sized businesses (SMB) must often live with the reality of scarce resources: limited time, insufficient money for open CAPEX needs and inadequate access to key expertise. Here, I address the challenges...

12 Steps to Reveal and Reduce Cyber-Breach Risk One hundred percent of businesses are or will be victims of a cybersecurity breach, disruption or attack — either directly or indirectly. No one is immune. That’s why this article is not just for the Fortune 500 CISO or the fortunate few with arms-race-level cybersecurity expertise. It’s for everyone else, too. Charles Dickens said...

How much do you worry about being hacked? How much should you worry? In 2017, cyber-attacks doubled from 2016 levels—and the insider phrase now is “It’s not if, but when, you’ll be attacked.” In fact, organizations are silently and invisibly breached every day, with the private and confidential information of consumers, customers or corporations harvested leisurely by terrorists and criminals.

Practical action steps are needed to reduce the risk of procurement fraud. This 12 step guide will walk you through changes you can make within your company.

Procurement fraud and basketball recruiting may be in two completely different arenas, but there are crossovers between them that would surprise you. The reward vs. the risk of the choices made can alter everything. 

The recent Global Board Leaders’ Summit, hosted by the National Association of Corporate Directors, provides guidance for organizations with very limited resources to dedicated to compliance and governance. Those smaller enterprises can leverage the direction in the NACD’s 2016 Blue Ribbon Commission Report to better evaluate their boards and prepare for key changes to come in governance.

Enterprise risk management isn’t meant to be a one-man show. Or a one department show, for that matter. It’s necessary to have the Board’s buy-in and investment. If your firm hasn’t come that far yet, here are a number of simple tips that can help improve your ERM, regardless of where your existing processes stand.

Is your Board side-steppng the hard questions? Sure, some subjects are uncomfortable to talk about, but avoiding them isn't a great solution. In some instances, turning a blind eye to a taboo topic could be putting your organization's fiscal health at risk. Is that a gamble you're willing to make? Follow these tips to pinpoint, prioritize and start to address your taboo...