ThomsonReuters

APRIL 30, 2024

Clients gravitate towards accountants who not only address their immediate financial concerns but also provide support and guidance that help them make better decisions. AI algorithms can analyze large volumes of financial data quickly and accurately, uncovering insights and trends. Improved compliance and risk management.

Accounting Firms 52

Accounting Firms Compliance Technology Data Analysis 52

Sun Acquisitions

MARCH 15, 2024

This blog post will explore why all-cash proposals are gaining traction and how they set themselves apart from other acquisition methods. When sellers see that you have the financial resources readily available to close a deal without relying on loans or external financing, they are more likely to view you as a serious and reliable buyer.

Finance 59

Finance 59

Norman Marks

SEPTEMBER 6, 2022

Alexei Sidorenko has a great blog that we should all subscribe to, the Risk-Academy Blog. He describes it as “Controversial thoughts about modern day risk management in non-financial companies”. He recently wrote “What should an awesome risk report look like?”,

58

58

Sun Acquisitions

MARCH 22, 2024

In this blog post, we will delve into the world of M&A due diligence , shedding light on the best practices for conducting a comprehensive evaluation of potential targets. It involves meticulously reviewing the target company’s financial, operational, legal, and strategic aspects.

Technology 59

Technology Start-ups Market Risk Marketability 59

ThomsonReuters

DECEMBER 8, 2023

How AI is transforming audit Traditionally, auditors have heavily relied on manual processes to uncover risk in financial statements and business operations. AI algorithms can quickly analyze vast datasets, identifying patterns, anomalies, and potential risks with exceptional speed.

Technology 98

Technology 98

Internal Audit 360

OCTOBER 11, 2022

GUEST BLOG. The first time I heard it came when I was an internal audit manager for a financial institution. We might not have been experts in running HR, but we were experts in processes, risks, and controls. I was able to get her to give us a chance. It’s just too complicated,” he said.

Compliance 98

Compliance Marketability 98

Audit Board

AUGUST 3, 2023

This article originally appeared on the ISACA Blog. Information technology (IT) risk assessments focus attention on critical information assets, highlight connections between cyber threats and risks, and map key controls to known threats. Integrate IT risk assessment with operational and enterprise risk assessment programs.

Compliance 52

Compliance Technology 52

Internal Audit 360

JULY 20, 2022

GUEST BLOG: O ne of the challenges when it comes to so-called “cybersecurity risk” is in accepting and then applying the idea that cyber is not an “IT risk.” It’s a business risk. If we are to assess cyber-related business risk, we have to have the answer to that question. Advice for Auditors on Cyber-risk.

Compliance 98

Compliance Start-ups Technology 98

Sun Acquisitions

MARCH 29, 2024

They provide a unique opportunity to secure funding from the seller, which can help bridge financial gaps and facilitate the purchase of a business. However, while these deals can be advantageous, they also come with risks. This credit can take various forms, such as loans, promissory notes, or other financial instruments.

Finance 64

Finance Business Valuation Compliance Marketability 64

Sun Acquisitions

MARCH 1, 2024

In this blog post, we will explore the art of finding the sweet spot for interest rates and repayment periods in seller financing arrangements. Risk Assessment: Sellers should evaluate the buyer’s creditworthiness and the risk associated with the transaction. The repayment period should align with these objectives.

Finance 59

Finance Banking Marketability 59

ThomsonReuters

APRIL 30, 2024

Auditors rely on data review to ensure the reliability and integrity of financial statements. Auditors must ensure that financial statements are free from material misstatements and that all relevant information is included. Auditors can sample data effectively by using statistical techniques to stratify data based on risk factors.

Data Analysis 52

Data Analysis Technology Start-ups Compliance 52

ThomsonReuters

FEBRUARY 16, 2024

They’re also increasingly sharing companies’ financial data among themselves and want more direct visibility into firms’ business activities by accessing their financial data and reporting processes. This makes data management matter more than ever.

Technology 96

Technology Compliance Start-ups Finance 96

N Contracts

MARCH 15, 2024

Complaint management requires direct communication, but that’s easier said than done. Most financial institutions are siloed. Departments are named after the specific set of tasks they focus on (compliance, risk, vendor management, lending, or customer service).

Compliance 52

Compliance 52

ThomsonReuters

JUNE 28, 2023

Let’s take a look at some best practices accounting firms can use to help clients overcome the challenges of ESG data collection and management. The ability to accurately identify and manage this data helps your clients build trust amongst their stakeholders and demonstrates a commitment to society.

Accounting Firms 98

Accounting Firms Compliance Start-ups Technology 98

Audit Board

OCTOBER 23, 2023

Stay tuned for a second article deep dive into GE’s journey with a data-driven dynamic risk assessment. Learn more about Dynamic Risk Assessment solutions powered by AuditBoard and EY here. Identify Risk Through Data-Driven Inputs The “risk then data, or data then risk?”

Compliance 64

Compliance Specific Risk Technology 64

Sun Acquisitions

JULY 21, 2023

Due diligence plays a crucial role in evaluating a transaction’s potential risks and rewards, ensuring that both parties are well-informed and can make informed decisions. In this blog post, we will explore the role of due diligence in successful M&A transactions and why it should be a top priority for companies.

Compliance 52

Compliance Marketability 52

Appraisers Blog

AUGUST 9, 2022

The Consumer Financial Protection Bureau (CFPB) has started investigating alleged appraisal discrimination. For the last year, 40% of my legal work has been occupied by issues concerning alleged discrimination – balanced between representing parties in fair housing investigations and helping clients improve compliance and decrease risk.

Appraisal 98

Appraisal Compliance Banking 98

ThomsonReuters

MAY 6, 2022

Many accounting firms provide invaluable services that go far beyond tax prep and financial reporting. 2. Financial compliance. Finance and tax are heavily regulated and can be a lot for businesses to manage. 3. Audit management. This helps the business manage risk and ensure transparency when filing taxes.

Accounting Firms 93

Accounting Firms Start-ups Compliance Finance 93

Audit Board

SEPTEMBER 20, 2023

Internal control over financial reporting, shortened to ICFR, consists of those controls that support and enforce the accuracy, reliability, and integrity of a company’s financial statements. What Does Internal Control Over Financial Reporting (ICFR) Mean? ICFR’s importance rose with the Sarbanes-Oxley Act of 2002 in the U.S.,

Compliance 52

Compliance Technology Start-ups Accounting Firms 52

Sun Acquisitions

APRIL 17, 2024

In this blog post, we’ll explore the key steps to prepare your business for potential buyers in mergers and acquisitions. Seek professional help from a financial advisor or a valuation expert to get an accurate estimate of your business’s worth. They can help you navigate the complexities and protect your interests.

Compliance 59

Compliance Marketability 59

Sun Acquisitions

APRIL 24, 2024

In this blog post, we’ll explore the key steps to prepare your business for potential buyers in mergers and acquisitions. Seek professional help from a financial advisor or a valuation expert to get an accurate estimate of your business’s worth. They can help you navigate the complexities and protect your interests.

Compliance 52

Compliance Marketability 52

Audit Board

SEPTEMBER 7, 2023

What does “good” ESG governance and strategy look like, and how are companies integrating it with existing risk and compliance governance structures? Since ESG risk and responsibility span the organization, companies must find ways to improve collaboration and centralize governance. Who should own it?

Compliance 52

Compliance Start-ups Specific Risk Marketability 52

Audit Board

JANUARY 12, 2023

Cybersecurity risk assessments are a means for organizations to assess risks to their information assets and are a core requirement of most cybersecurity frameworks. It includes: A process flow for building and manage a cybersecurity risk management program. .

Compliance 97

Compliance Start-ups Asset-based Approach Specific Risk 97

Audit Board

MARCH 22, 2022

The UK’s new laws are the Companies (Strategic Report) (Climate-related Financial Disclosure) Regulations 2022 and the Limited Liability Partnerships (Climate-related Financial Disclosure) Regulations 2022. List and description of environmental goals and key performance indicators (KPIs) used to measure environmental risk performance.

Compliance 105

Compliance Technology 105

N Contracts

OCTOBER 20, 2022

October 20, 2022 – Ncontracts , the leading provider of integrated compliance and risk management solutions to the financial industry, announced today that it has been nationally recognized by Top Workplaces for its Culture Excellence Award. BRENTWOOD, Tenn.,

Compliance 92

Compliance 92

Sun Acquisitions

APRIL 10, 2024

In this blog post, we’ll explore the key steps to prepare your business for potential buyers in mergers and acquisitions. Seek professional help from a financial advisor or a valuation expert to get an accurate estimate of your business’s worth. They can help you navigate the complexities and protect your interests.

Compliance 59

Compliance Marketability 59

Audit Board

AUGUST 16, 2023

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. What Are Risks? Nevertheless, we choose to take on those risks, and may benefit from doing so.

Start-ups 52

Start-ups Compliance Technology Specific Risk 52

Sun Acquisitions

APRIL 26, 2024

The Evolution of M&A: Beyond Traditional Metrics Historically, M&A transactions primarily focused on financial metrics like revenue, profit margins, and market share. Risk Mitigation and Reputation Management One of the primary reasons sustainability has become integral to the M&A process is risk mitigation.

Compliance 59

Compliance Marketability 59

Audit Board

JUNE 3, 2022

Environment, Social, Governance (ESG) is a framework for assessing risks to a company’s operations related to large-scale, long-term environmental, social, and governance issues. An ESG audit is an assessment of the risks an organization faces related to environmental, social, and governance domains. What Is an ESG Risk? .

Compliance 98

Compliance Start-ups Equity Finance 98

RNC

FEBRUARY 16, 2024

Whether it is for financial reporting following specific accounting standards, like IndAS and IFRS, or for things like merging with another company, dealing with taxes, or meeting regulatory compliance, it’s important to get the valuation right. Here are key points summarizing the importance of plant and machinery valuation: 1.

Compliance 52

Compliance Finance Marketability Appraisal 52

Internal Audit 360

MARCH 29, 2023

GUEST BLOG POST O ver recent years, I have found myself watching various specials on TV about the mythical Bigfoot creature. Evidence of control performance, outcomes achieved, and management review is critical. We routinely look to triangulate data points, observations, and management views, always digging deeper when necessary.

Banking 98

Banking 98

ThomsonReuters

APRIL 24, 2023

At the core of every audit is the identification and assessment of risks of material misstatement, which is critical given the potential impact on a company’s financial position. Despite this, 25 percent of recent peer review comments have been related to failure to understand and/or document risk of material misstatement.

Compliance 59

Compliance Technology 59

N Contracts

OCTOBER 27, 2022

24, 2022 – Ncontracts , the leading provider of integrated compliance and risk management solutions to the financial industry, today announced that Michelle Amato has joined the company as Chief Sales Officer. BRENTWOOD, Tenn., As the company experiences ongoing demand for its suite of products, Ms.

Compliance 86

Compliance 86

Audit Board

AUGUST 8, 2023

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.

Compliance 52

Compliance Start-ups Technology Marketability 52

RNC

MAY 10, 2023

In this blog, we will discuss why valuation of investment is important for investors. It is done by analyzing various factors such as financial statements, market conditions, industry trends, and the overall economic environment. Helps in managing risks Investing always comes with some level of risk.

Marketability 52

Marketability Business Valuation 52

Audit Board

APRIL 13, 2023

Facing a constantly expanding risk spectrum, today’s business leaders are prioritizing efforts to improve and connect risk management efforts. Measures of business success are evolving beyond financial performance, combining the quantitative and qualitative to more holistically explain risk and value creation over time.

Compliance 52

Compliance Start-ups Technology Specific Risk 52

Sun Acquisitions

JULY 3, 2023

Due diligence is the thorough investigation and examination of a company’s financial, legal, and operational aspects by the potential buyer. This process is critical to help buyers make informed decisions and reduce risk. However, when the time comes to sell, you must do your due diligence to ensure a successful transaction.

Compliance 52

Compliance 52