Defining a clear corporate purpose and rigorously paying attention to long-term value creation can help executives make difficult choices. People talk about integrating risk management into ...

Subjectivity plays an important, yet dangerous, role in risk management. By its very nature, subjective perspectives are held in the mind of the beholder, and, as a result, are dependent on the ...

SUCCESSFUL BUSINESSES TAKE CALCULATED RISKS to achieve objectives. Companies must measure these risks, try to minimize them and—if possible—use them to their advantage. The CPA—as internal or external ...

Increase risk visibility across the enterprise. Risk pros contend with internal organizational silos and risk silos daily. As organizations seek to manage risk and compliance across different domains, ...

Any discussions of IT-related risk should start with an understanding of the organization's business objectives and go from there. There’s a new COSO preacher in town. Are they a threat or an enabler ...

Investment risk refers to the potential for an investment to experience a loss or deviation from its expected return and can come from a variety of places. All investments carry some level of risk ...

Organizations must shift from subjective, gut-feeling cyber risk assessments to objective, data-driven evaluation using AI-powered analytics to enable strategic decision-making and business resilience ...

We promote appropriate internal controls and adherence to Cortland policies. Always striving to work with teams across the campus, together we will focus on process improvements to lessen risk ...

Risk Management is the process of identifying, assessing, and prioritizing risks followed by the application of resources to minimize, monitor, and control the probability and/or impact of adverse ...

Richard Chambers is the CEO of Richard F. Chambers & Associates and also serves as Senior Internal Audit Advisor at AuditBoard. As we prepare to enter the third year of the pandemic, it’s time to ...

Risk management can succeed only when it works within the context of a company’s environment, goals, objectives and strategies. Organizations may differ greatly in their risk tolerance and management ...