(c) The Chartered Professional Accountants of Canada. Contact CPA Canada for permission to reproduce this article., Audit and Assurance, Risk Management

Road to recovery

By David Malamed What solutions exist to improve the possibility of recouping losses, which can range from small amounts to some of staggering proportions? “In 2013 recovery auditors returned more than US$3 billion into [Medicare’s] coffers,” US publication Modern Healthcare reported in September 2014, noting that providers that appealed those audits won fewer than one… Read More Road to recovery

(c) Chartered Accountants Ireland. Contact Chartered Accountants Ireland for permission to reproduce this article., Risk Management

The strategy of innovation

Ciarán Black and David O’Leary explain why Chartered Accountants should involve themselves in all stages of the innovation process. To most people, the mention of “accountancy” and “innovation” in the same sentence conjures up an incongruity at best. It doesn’t add-up, if you’ll forgive the pun! Accountants, however, are key business leaders and have long… Read More The strategy of innovation

(c) Institute of Chartered Accountants in England and Wales. Contact ICAEW for permission to reproduce this article., Corporate Governance

Connect and reflect: Dialogue in corporate governance

To succeed in the modern world, businesses must move away from defensive old-style news management and corporate positioning. ICAEW argues that if companies embrace a positive approach to corporate governance that ensures they connect with and reflect society, they will reap many benefits.

(c) Chartered Accountants Ireland. Contact Chartered Accountants Ireland for permission to reproduce this article., Corporate Governance

Bringing board performance into focus

Justin Moran explains why private sector boards need a sharper focus if they are to perform optimally in the best interest of the company. The benefits of effective governance for private sector companies includes more strategic thinking, improved decision making processes, proactive risk management and, ultimately, leveraging investment and capital at more competitive rates. Yet… Read More Bringing board performance into focus

(c) American Institute of Certified Public Accountants. Contact AICPA for permission to reproduce this article., Audit and Assurance, Corporate Governance, Enterprise Risk Management, Risk Management

How to minimise financial statement risk

By Ken Tysiac Telecom giant AT&T’s director of accounting discusses a few ways organisations can avoid unintended errors in financial statements. In a complex world of evolving standards and technology, there are many risks associated with financial statements. Fortunately, there are things financial executives can do to minimise the unintended errors that can lead to… Read More How to minimise financial statement risk

(c) American Institute of Certified Public Accountants. Contact AICPA for permission to reproduce this article., Business Management, Risk Management

Awareness is your security blanket

CIMA and Airmic have created a risk-identification framework that can help executives find peace in preparation and knowledge. Organisations can find all sorts of ways to trip themselves up. A recent CGMA survey of 1,300 executives across the world found that 60% agreed that they faced a wide array of increasing and complex risk issues.