Viking Mergers

MARCH 22, 2023

To help, in this final installment of our 5-part series, we dive into another of the biggest business deal-breakers for any M&A transaction, Deal Killer #5: Inaccurate or Poor Bookkeeping, and how you can identify, prevent, and resolve these issues. This results in a higher purchase price and cash in your hand at closing.

Start-ups 130

Start-ups Banking 130

Audit Board

JULY 26, 2023

The latest extension to AuditBoard’s modern connected risk platform enables IT risk and security leaders to better manage their threat landscape, quantify risks, and improve cyber resilience. To learn more about AuditBoard ITRM or register for IT Risk Now 2023 , please visit AuditBoard.com.

Compliance 52

Compliance Technology 52

Audit Board

MAY 30, 2023

Only 12% of organizations rate their third-party risk management (TPRM) program as highly mature. They’re also interested in using TPRM data to benefit the organization and improve how it manages third-party risk. While organizations have drastically increased their use of third parties, TPRM maturity hasn’t kept pace.

Compliance 52

Compliance 52

ThomsonReuters

JUNE 16, 2023

Is their current technology a drain on efficiency and profitability? As outlined in the Thomson Reuters white paper “ Mind the gap: Identifying gaps in your software this tax season ,” there are several indicators to help firms determine if their accounting technology is outdated and in need of a refresh. Change is not easy.

Technology 98

Technology Start-ups Accounting Firms Compliance 98

Reynolds Holding

OCTOBER 6, 2022

The SEC’s Order details a series of failures to protect and dispose of consumer information, including personally identifying information (“PII”), in connection with the Firm’s decommissioning of data centers, local branch servers, and other projects. Failure to Adopt Reasonably Designed Policies and Procedures for Vendors.

Compliance 45

Compliance 45

Sun Acquisitions

JANUARY 26, 2024

The Challenge of High Operating Expenses The food distribution industry is notorious for thin margins and high operational costs. If you don’t have enough warehouse capacity, you run the risk of limiting any growth and increased labor expense from it being more difficult to locate items.Delivery expenses are more straightforward.

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Audit Board

DECEMBER 14, 2022

A readiness assessment helps compliance teams understand the areas of the business already operating as intended — as well as identify deficiencies to allow time for remediation ahead of a formal, third-party audit. . Any change to the business will bring with it new risks that will need to be folded into your existing compliance program.

Compliance 52

Compliance Technology Marketability 52

Audit Board

AUGUST 1, 2023

The SEC recently adopted their proposed rules, including those regarding Cybersecurity Risk Management on July 26, 2023. The stakes and expectations of an organization’s IT Risk Management capabilities have never been higher – and as we all know, the dollar impacts are real.

Technology 52

Technology Start-ups Compliance Marketability 52

Audit Board

JUNE 2, 2022

Whether an organization works with 10, 1,000, or 10,000 third parties, any third-party risk management (TPRM) program faces the same challenges: organization, visibility, and limited resources. How an organization approaches these challenges from the beginning can set a third-party risk program up for success or failure.

Technology 52

Technology Compliance 52

Audit Board

JULY 26, 2023

We live in the era of technological transformation, where business-owned digital assets brim with an abundance of sensitive employee, customer, and vendor data, while a formidable burden rests upon the shoulders of the information security teams tasked with safeguarding these assets through robust and resilient IT risk management programs.

Start-ups 52

Start-ups Technology 52

Audit Board

JUNE 13, 2022

Integrated risk management (IRM) is a strategic and collaborative way for organizations to manage risk across their entire group. This strategy accepts risk as a part of doing business, and pulls it into a company’s culture so that the organization manages risk as a part of both daily operations and long-term strategy.

Compliance 52

Compliance Technology Start-ups Marketability 52

Audit Board

JUNE 22, 2023

Security and privacy are typically regarded as key risks from an internal audit perspective. Big Data and Privacy Laws and Regulations Big data is commonly associated with a large volume of data that has a high degree of variety. Data risks during internal audits and investigations.

Technology 52

Technology Compliance 52

Audit Board

MAY 9, 2022

Accounts payable performance has a direct bearing on: Fraud risk management. Supply chain risk and operating efficiencies. Further, it can be fraught with complexity due to the high volume of transactions, multiple integrated systems, banks, and payment types — leading to an increase in opportunity and incentive for fraud.

Technology 52

Technology Banking 52

Reynolds Holding

SEPTEMBER 30, 2022

Mergers, vendor integrations, new software tools and remote work all expand the footprint of companies’ information systems, creating a larger attack surface for hackers. But experts generally agree that these risks are growing. Create an inventory of high-risk AI models and data sets.

Technology 45

Technology Marketability 45

Audit Board

DECEMBER 7, 2022

On your connected risk journey, careful planning and guidance from audit, risk management, and compliance professionals are essential for business success when facing risk challenges such as digital transformation, climate change, supply chain disruption, and economic uncertainty. This is the decade of uncertainty.

Start-ups 52

Start-ups Compliance Specific Risk Technology 52

Benzinga

APRIL 28, 2022

Drivers The BPO Industry is Experiencing High Growth across Regions. Economies of scale, cost advantage, risk mitigation, utilization improvement, and superior competency, all these factors have all contributed to the growth and success of the BPO industry. List of Key Vendors Covered in this Report:-. Accenture PLC.

Technology 40

Technology Marketability 40

Audit Board

AUGUST 23, 2023

Every company should feel urgency about maturing cybersecurity risk management. The risk is widespread and likely underreported. That’s the core message behind the heightened regulatory focus on cybersecurity — and with the U.S. The SEC cybersecurity rules will have a significant impact on your organization and role.

Compliance 52

Compliance Technology Start-ups 52

Internal Audit 360

JULY 5, 2021

Companies that want to avoid Quad/Graphic’s fate will want to ensure that the internal audit function is conducting regular audits of the anti-bribery and anti-corruption program based on a solid assessment of the company’s risk of non-compliance with the Foreign Corrupt Practices Act and other bribery laws. Conducting a Risk Assessment.

Data Analysis 52

Data Analysis Compliance Marketability 52

Audit Board

NOVEMBER 21, 2022

In response to rising prompts from regulators and internal and external stakeholders alike, more organizations than ever are now focused on environmental, social, and corporate governance (ESG) risks. How internal audit and risk leaders can layer ESG components into their audit plans and ERM strategy. . Xpress, Inc.

Start-ups 52

Start-ups Compliance Marketability Equity 52

Sun Acquisitions

JANUARY 17, 2023

A shrewd business broker will be able to facilitate negotiations if a strategic buyer is identified. Healthcare businesses that have a proven financial track record and can show promising growth potential are in high demand. Check out these links: Mitigating Post-Closing Risks Through The Rep and Warranty Insurance.

Private Equity Firm 52

Private Equity Firm Equity Marketability 52

M&A Leadership Council

JUNE 12, 2023

The risks of brand damage, customer churn, and substantial costs have brought this topic to the forefront in many recent M&A Leadership Council workshops. Specifically, what are the digital assets, what is the target’s digital maturity, and what needs, risks and costs might there be in migrating or upgrading those capabilities as needed.

Start-ups 52

Start-ups Technology Compliance Banking 52

Reynolds Holding

MAY 15, 2022

However, CorpFin notes that the topics and questions are not exhaustive and recommends that “companies should evaluate whether they have experienced or been impacted by matters characterized as potential risks and, if so, update disclosures accordingly.”. Financial Statements. Cybersecurity. Next Steps.

Compliance 45

Compliance Treasury Finance Corporate Finance 45

Viking Mergers

APRIL 24, 2023

That’s why we work with our sellers over the long term to identify areas where they can better maximize their business value and achieve their goals. Most banks won’t risk financing an acquisition loan for a business with more than 20% of total sales from one customer. The risk is just too high.

Marketability 244

Marketability Business Valuation Comps Compliance 244

M&A Leadership Council

SEPTEMBER 9, 2021

The risks of brand damage, customer churn, and substantial costs have brought this topic to the forefront in many recent M&A Leadership Council workshops. Specifically, what are the digital assets, what is the target’s digital maturity, and what needs, risks and costs might there be in migrating or upgrading those capabilities as needed.

Start-ups 52

Start-ups Technology Compliance Banking 52

Reynolds Holding

SEPTEMBER 26, 2022

The SEC will continue to build out its systemic risk identification capabilities to ensure maintenance of orderly markets. The SEC will examine strategies to better prepare for and address systemic and infrastructure risks in the capital markets.

Technology 45

Technology Marketability Equity Compliance 45

Benzinga

FEBRUARY 29, 2024

Customers already recognize the value we add in creating a safer employment environment and rely on us for fast, high-quality background screening, identity, and verification services that enable them to hire smarter and onboard faster. billion, including Sterling Check's outstanding debt.

EBITDA 40

EBITDA Dividends Technology Total Shareholder Return 40

ThomsonReuters

APRIL 18, 2023

Firms that do not offer staff the flexibility they desire risk losing talent. Payroll errors For accounting professionals, payroll services have long been viewed as a time-consuming, high-risk loss leader. The key is having the right technologies in place to drive efficiency and mitigate the risk of errors. AI can help.

Technology 52

Technology Compliance Start-ups Finance 52

Harvard Corporate Governance

NOVEMBER 21, 2022

1] Although each company will need to assess its own material risks and tailor its risk factor disclosure to its unique circumstances, this alert provides a list of 10 key developments in Part I and four important drafting considerations in Part II that all public companies should consider as they update their risk factors.

Technology 248

Technology Marketability Compliance Finance 248

Value Scout

NOVEMBER 25, 2022

High working capital requirements to sales ratios are not good indicators of growth. The analysts need to identify one-off items impacting net working capital, which they do not anticipate to repeat in the future. It is also a good indicator of the counterparty’s credit risk. Related: Managing working capital. .

Discounted Cash Flow 52

Discounted Cash Flow Finance Marketability Business Valuation 52

Audit Board

OCTOBER 2, 2023

Taking a one-size fits all approach to each information security risk invites redundancy and excess expenditure. Faced with the conundrum of protecting organizations from cybersecurity risks while also staying within budget and remaining effective, cybersecurity risk management as an approach was born.

Technology 52

Technology Start-ups Data Analysis Compliance 52

Viking Mergers

MARCH 13, 2023

Financials, forecasts, and client concentrations are all critical components to facilitating a successful M&A transaction and showing buyers a business is a low-risk investment. Human capital concentration is when key employees control business revenue, vendors, sales, or operations and lack cross-training.

Start-ups 130

Start-ups Finance 130

Audit Board

FEBRUARY 11, 2023

Risks associated with third parties are growing exponentially. Because these trends are accelerating, it makes the work of managing third-party risk that much more difficult. A challenge related to this area is limited vendor visibility. Meanwhile, the software also provides vendor dashboards and risk profiles.

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Audit Board

APRIL 20, 2023

Deloitte’s 2022 Global Third-Party Risk Management Survey showed that 73% of respondents have a moderate to high level of dependence on cloud service providers (CSPs) — which is expected to increase to 88% in the years ahead. Third-party risk is real and growing. The truth underlying these statistics?

Specific Risk 52

Specific Risk Technology Compliance 52

ThomsonReuters

APRIL 6, 2023

By optimizing your accounts payable workflow, you can gain insight into cash flow, make better business decisions, and ensure strong relationships with vendors and suppliers. Separate AP and AR duties The segregation of accounts payable and accounts receivable is considered a fundamental accounting principle and reduces the risk of fraud.

Start-ups 52

Start-ups Technology 52

Audit Board

SEPTEMBER 6, 2023

How can security controls feed into and supplement risk management activities that are taking place, like risk assessments? They have also released a Risk Management Framework (RMF) that complements the NIST CSF, and helps organizations develop and enhance their risk management strategy. What are NIST Control Families?

Compliance 52

Compliance Start-ups Technology 52

Audit Board

AUGUST 17, 2023

With this approach, if we found a missing or poorly designed control, the business team could correct it early without delaying the project and/or if we identified a gap in project management we could proactively elevate the issue in time for the company to invoke and benefit from a change. Our approach was balanced.

Start-ups 52

Start-ups Technology Compliance 52

IVSC

OCTOBER 21, 2023

We are in often unpredictable environments and face rapidly changing security risks, political and civil unrest, and evolving climate risks. Germany, for example, established local expert committees (Gutachterausschüsse) to ensure real estate market transparency while maintaining a high degree of data protection.

Appraisal 246

Appraisal Marketability Technology Start-ups 246