Better safe than sorry
Article Abstract:
The increasing dependence of companies on computers and telecommunication systems makes them highly vulnerable to information security breaches. Around 70% of all desktop computers lack sufficient protection. There are measures that can be taken to ensure the security of confidential information. These include implementing sound guidelines for computer use, taking physical precautions to prevent theft or breakdown, verifying the security claims of software manufacturers, and looking for ITSEC certification from the UK Dept of Trade and Industry (DTI). The DTI offers free documents that intended to help companies understand and manage risk associated with information technology. These include 'Protecting Business Information: Understanding the Risk' and 'Computer Assurance Guidelines for the Commercial Sector.'
Publication Name: Accountancy
Subject: Business
ISSN: 0001-4664
Year: 1997
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Reducing the risks from currency fluctuations
Article Abstract:
Managing financial risk associated with changes in the exchange rates of the British pound relative to European currencies and the U.S. dollar is examined. Hedging techniques that make use of put and call transactions involving futures and options contracts are analyzed from an economic and a risk viewpoint, focusing on long puts, short calls, and short futures. Short hedges and long hedges are also examined by example, and the opening of currency markets to speculators and traders is briefly discussed.
Publication Name: Accountancy
Subject: Business
ISSN: 0001-4664
Year: 1987
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Hidden treasurers
Article Abstract:
Corporate financial governance has fractured into corporate treasurer, or finance officer, risk management officer, and internal auditors. These functions will probably increase in power as executive directors rail to understand corporate finance.
Publication Name: Accountancy
Subject: Business
ISSN: 0001-4664
Year: 1999
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