Risk
Risk refers to threats an organization faces -- loss of earnings, loss of reputation, or harm of any kind. These articles explore the challenges of preventing, identifying and mitigating risk.
Risk can come in many forms, including financial issues, legal liabilities, strategic or leadership errors, or accidents and natural disasters. Today, IT- and data-related risks are growing concerns.
The following articles about risk look at the issue from many angles, especially from that of compliance officers and risk managers.
The Risk Appetite Dialogue
Risk levels and uncertainty change significantly over time. Competitors make new and sometimes unexpected moves on the board, new regulatory mandates complicate the picture ...
Technology Trends That Will Impact Risk and Compliance In 2014
Technology developments in many business areas will have strong impacts on important aspects of risk and compliance management in 2014.
Five Factors Often Overlooked When Conducting an Internal Investigation
Whether based on a whistleblower complaint or because you are subject to an inquiry from a governmental agency, a company faced with potential employee misconduct must perform an internal investigation.
10 Ways Board Risk Oversight Can Fail
Risk oversight is a top-of-mind issue for boards because of the expectations spawned by the financial crisis and the unanswered questions around what directors might have, or should have, done to thwart that crisis.
What Do Aesop’s Fables and Risk Management Frameworks Have in Common?
Aesop's Fables is a collection of tales by the Greek storyteller Aesop. We don’t know the true intent of Aesop’s stories, but we do know that the fables were intended to teach children about life lessons.
Keeping Your Company Safe: The Top 5 Corporate Compliance Issues Trending Now
There is certainly no shortage of significant compliance issues in today’s complex business and regulatory environment. Our global economy has produced opportunities for growth and success that can come with an increased need for governance, oversight and formal corporate compliance. Clifton Gunderson's Jennifer Leary discusses the top five corporate compliance concerns trending today.
Best Practices for Mitigating Co-Employment and Independent Contractor Compliance Risks
When properly managed, non-employees give businesses a competitive advantage, but improper hiring and management practices can introduce employers to a whole other set of challenges and risk. Matt Rivera breaks down the potential co-employment and independent contractor compliance issues, and discusses the best practices for implementing a compliance program to protect your organization.
Examining Systems Output Controls
James Bone warns against a "mini Y2K" that might exist at many firms in the form of service recoveries, customer rebates for inaccurate calculations, or financial statement restatements. By implementing regular health checks on systems output controls, a significant number of these problems can be reduced or prevented.
