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
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
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
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.
By Joanne Sammer; Kenneth W. Witt and Paul R. Bacon Providing effective governance presents boards and management with a formidable challenge. Here’s how one company does it. Success in business is influenced by many factors: effective strategy and execution; deep understanding of the business environment, including its risks; the ability to innovate and adapt; and… Read More 8 best practices for aligning strategy, planning, and risk
By Tiffany Boesch According to the National Cancer Registry, one in every 33 women in South Africa is at risk of contracting breast cancer over the course of her lifetime. With October being breast cancer awareness month, this serves as a timely reminder of how important it is for women to plan financially to ensure… Read More Women should be planning their own financial security