Tag Archives: risk management

Cybercrime: A Growing Risk for Businesses & CFOs

This week’s article is by John W. Braine, Partner, CFO Edge, LLC. With roles of CFOs traditionally including oversight of risk management and keeping company assets safe, cybercrime’s continually growing risk significantly impacts finance departments at many businesses. Reviewed in … Continue reading

Posted in CFO Services, Cybercrime & Cyberattacks, Data Security, Disaster Recovery Planning, Los Angeles, Risk Management | Tagged , , , , , , , , , | Leave a comment

How to Guard Against Unpleasant Regulatory Surprises

This week’s post and full PDF are by Michael K. Menerey, Partner, CFO Edge, LLC. Among the myriad challenges faced by executives owning and managing small and mid-sized businesses is one often overlooked: unpleasant regulatory surprises implemented by government agencies. … Continue reading

Posted in CFO Services, Corporate Governance, Enterprise Risk Management - ERM, Financial Regulations, Regulatory Compliance, Risk Management | Tagged , , , , , | Leave a comment

Why Enterprise Risk Management Is Critical for Small & Mid-Sized Firms

This week’s post is by John W. Braine, Partner, CFO Edge, LLC. To correctly balance financial and operational sides of their companies, it is important for Los Angeles and Southern California executive to understand why enterprise risk management is critical … Continue reading

Posted in CFO Services, Corporate Governance, Embezzlement, Enterprise Risk Management - ERM, Fraud Prevention, Los Angeles, Risk Management | Tagged , , , , , , , , | Leave a comment

Risk Management: Focus on These Three Areas

Risk is involved in every aspect of life, but business leaders and entrepreneurs usually deal with a higher degree of risk than most people. Starting and managing a business is inherently risky, of course, and most business executives try to … Continue reading

Posted in CFO Services, Financial Strategy, Fraud Prevention, Risk Management | Tagged , , , , , , , , , , , , , , | Leave a comment

Make a New Year’s Resolution to Stress Test Your Business Model

In some industries, stress testing is now mandated and is becoming formalized. In 2012 the Federal Reserve Board is requiring 31 U.S. bank holding companies with assets of more than $50 billion to submit capital plans and undergo stress testing … Continue reading

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Protect Your Company Through Internal Controls

The most important tool in the effort to improve efficiency, prevent fraud, and protect company reputation is an appropriately structured accounting department. In particular, a system of internal control, also known as operational control, is imperative to the prevention of … Continue reading

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Internal Audits and Effective Risk Management Assessment

While external audits focus on assessing those operations that play a direct part in the company’s financial status and wealth, internal audits consider other areas that are important to a company’s reputation, growth and overall well-being. This CFO Edge article… … Continue reading

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Risk Management Takes a High Profile in Corporate Governance Today

Corporate governance has been a subject of increasing interest and concern over the past decade as a result of financial bubbles and scandals that have rocked the corporate world, and most recently resulted in a global financial and economic crisis. … Continue reading

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