Risk Management: Page


  • woman using computer in library or office while wearing a facemask
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    Emergency government procurement opens opportunities — and risks

    Agencies are bypassing procedures to get COVID-19-related goods and services faster. Ensure the solidity of your own processes before doing business with them, specialists advise.

    By Robert Freedman • Oct. 18, 2020
  • COVID-19 intensifying audit committee work

    Helping CFOs and their teams make forward-looking assessments against pandemic uncertainty has become a focus, a survey shows. 

    By Robert Freedman • Oct. 11, 2020
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    Wire via Getty Images
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    Trendline

    Navigating risk in turbulent times

    CFOs must help their organizations mitigate risks by balancing the need for both growth and stability. 

    By CFO Dive staff
  • Subpoena
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    "Subpoena" by Nick Youngson is licensed under CC BY 3.0
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    As regulators step up data analytics, companies must do the same

    Complying with government document requests is becoming too difficult and risky without predictive analytics tools, an e-discovery specialist says.

    By Robert Freedman • Oct. 6, 2020
  • TikTok Tutorials
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    Retrieved from TikTok on August 14, 2020
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    M&A politicization presents new CFO challenges

    The Trump Administration's call for an American company to oversee U.S. operations of TikTok adds a level of uncertainty to future cross-border deals involving consumer technology.

    By Ted Knutson • Oct. 1, 2020
  • LIBOR
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    "LIBOR" by Nick Youngson is licensed under CC BY-SA 3.0
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    Companies lagging on LIBOR transition; lawsuits expected

    There's little chance regulators will delay the December 2021 transition because of the pandemic, specialists say. 

    By Robert Freedman • Sept. 29, 2020
  • Bohra
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    SEC. (2020). "Bohra complaint" [Photo]. Retrieved from SEC.
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    Ex-Amazon tax manager hit with insider trading

    The employee had access to calculations used to finalize numbers in the company's quarterly and annual earnings filings. 

    By Robert Freedman • Sept. 29, 2020
  • Using data-analytics tool, SEC catches two companies' accounting violations

    In a first, the agency used risk-based data analytics to uncover accounting and disclosure violations in the way the companies manage and disclose their earnings. 

    By Robert Freedman • Sept. 28, 2020
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    Executives risk wealth loss as bankruptcies increase

    CFOs and other corporate leaders face big personal losses if their company goes bankrupt and their deferred compensation is tied to nonqualified accounts.    

    By Robert Freedman • Sept. 28, 2020
  • Rotations don't lead to audit improvements, studies find

    Efforts by firms to minimize disruption when engagement partners leave appear to work well in keeping audit quality high. 

    By Robert Freedman • Sept. 27, 2020
  • SEC hits BMW with $18M fine for false sales disclosures

     Investors who purchased some $18 billion in company bond offerings were misinformed about the pace of the company's U.S. sales.  

    By Robert Freedman • Sept. 27, 2020
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    Modeling skills a key shift in FP&A teams, CFOs say

    The pandemic has accelerated the trend of new finance hires being expected to bring modeling competency to improve predictive analytics capabilities.  

    By Robert Freedman • Sept. 22, 2020
  • CFO: Crisis 'not a good time to slow down' on innovation

    Shoring up cash and investing for growth can happen in tandem, Learn4Life Network finance leader Guita Sharifi says.

    By Robert Freedman • Sept. 21, 2020
  • The cost CFOs refuse to cut: Employee retention

    As the pandemic drags on, CFOs are reexamining their budgets and overwhelmingly opting to protect staff retention efforts, fearing the costly departure of top performers.

    By Jane Thier • Sept. 16, 2020
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    Opinion

    Real-time planning helps CFOs answer pandemic-critical 'what if' questions

    To forecast today, think in shorter time horizons, identify how COVID-19 changes your business drivers, use large amounts of quality data to weigh "what if" scenarios, and create agile processes, specialists say. 

    By Paul Prendergast and Patrick Picha • Aug. 27, 2020
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    Edwin Lopez/CFO Dive
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    Wall nonprofit said to have used shell entities to pass donations to officers

    We Build the Wall is charged with using a shell nonprofit, a veiled corporation and two anonymous associates as part of an effort to pass payments to officers.

    By Robert Freedman • Aug. 24, 2020
  • A Subway restaurant closed its dine-in seating during the novel coronavirus pandemic of 2020
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    Alabama Extension. (2020). "The Image" [Photograph]. Retrieved from Flickr.
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    Judge OKs lawsuit by businesses seeking coronavirus-related insurance claims

    In a first, restaurants and other businesses hit by pandemic shutdowns can move forward on legal efforts to get insurers to pay on business interruption policies.

    By Robert Freedman • Aug. 23, 2020
  • Improper revenue recognition tops SEC fraud cases

    Attorneys who work with SEC whistleblowers walk through the 10 most common types of fraud in an Accounting Today analysis.  

    By Robert Freedman • Aug. 20, 2020
  • Rank-and-file sexual harassment can devalue companies by 20%

    Sexual harassment that doesn't make the news won't often affect stock prices right away, but within a year it can hit valuations hard.

    By Robert Freedman • Aug. 17, 2020
  • Opinion

    Making recovery audits part of your source-to-pay process

    Invoicing errors chip away at margins, eventually turning into large losses, which recovery audits can help address.

    By Mark Irwin • Aug. 13, 2020
  • Pension debt expected to rise 6% due to COVID-19 volatility

    Companies in the auto and airline industries, among other sectors hard hit by the coronavirus, will see pension debt rise most, Moody's Investors Services analysts say.

    By Robert Freedman • Aug. 13, 2020
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    Permission granted by Vena
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    Sponsored by Vena

    3 things CFOs can do to navigate change (but aren't)

    How are finance leaders adapting to today's business changes? Vena's 2020 Industry Benchmark Report takes a closer look.

    Aug. 11, 2020
  • CFOs challenged to retain finance talent amid COVID-19

    At a CFO Live virtual event, panelists shared thoughts on retaining crucial finance talent during a time when companies need it most.

    By Jane Thier • July 30, 2020
  • False claims expected to be principal source of Main Street loan enforcement

    Companies who act in good faith and can back up their certifications "have little to fear" from federal enforcement, the Department of Justice says.

    By Robert Freedman • July 27, 2020
  • Closed sign outside of a small business during the coronavirus pandemic of 2020.
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    Alabama Extension. (2020). "The Image" [Photograph]. Retrieved from Flickr.
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    Opinion

    Understand your coverage options in the face of 2020's triple risk threat

    COVID-19, protest-related vandalism, and a severe hurricane season promise to test organizations' insurance against loss of business. 

    By Joseph Galanti and Peter Halprin • July 27, 2020
  • Bessemer finance leader: You need 2 years of cash to survive

    Veteran CFO Jeff Epstein says it's time to make a change if you can't support yourself into 2022.

    By Robert Freedman • July 19, 2020