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Business Valuation for Selling a Construction Business

Peak Business Valuation

Certified business appraisers conduct them to help individuals understand their business’s financial health. This involves assessing the industry’s value drivers, opportunities, and risks. For owners looking to sell their construction company, this assessment provides crucial guidance.

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Enterprise Risk Management (ERM) Fundamentals

Audit Board

Enterprise risk management is a methodology of risk management, taking a top-down approach to the risk management process, and taking into account the organization and senior management’s business objectives and strategic objectives. The practice of risk management has a long history, with origins dating back to the 1920s.

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Risk Management 101: Process, Examples, Strategies

Audit Board

Effective risk management takes a proactive and preventative stance to risk, aiming to identify and then determine the appropriate response to the business and facilitate better decision-making. This article will walk you through the fundamentals of risk management and offer some thoughts on how you can apply it to your organization.

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A Comprehensive Look at the NIST Cybersecurity Framework

Audit Board

In the field of cybersecurity, risk management, and compliance, there are a collection of acronyms that you’ll hear often enough. Each of these organizations plays a role in the shifting tectonics of security, compliance, and risk. The NIST CSF has five central functions: Identify, Protect, Detect, Respond, and Recover.

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Compliance Audit Basics: Definition, Types, and What to Expect

Audit Board

Compliance audits are a broad topic that can affect many organizations across different parts of an organization. There can be different kinds of compliance audits being performed at any given point in time, and at first glance the world of compliance is full of opacity and acronyms. What Is a Compliance Audit?

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The Essential Guide to Internal Audit and Controls

Audit Board

Each member of an organization plays a critical role in ensuring a strong internal control environment to protect company assets, ensure completeness and accuracy of records, comply with laws and regulations, drive operational efficiency, and ultimately help the business meet its objectives and goals by managing risks effectively.

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Cooley Discusses “Internal Control over Sustainability Reporting”

Reynolds Holding

So far, however, according to a new report from Committee of Sponsoring Organizations of the Treadway Commission, known as COSO, “[f]ew best practices have been established. According to the authors, “[i]nternal controls have value beyond compliance and external financial reporting.