Risky gap developing

Article Abstract:

A survey conducted by PrincewaterhouseCoopers of Canadian organizations shows that 37% of those surveyed, the largest group reporting, have a moderate commitment to business risk management practices, versus 15% with excellent commitment, 26% with strong commitment, and 14% with some commitment. The study also indicates that 39% of those surveyed, the largest group, have moderately developed risk management frameworks, versus 6% with fully developed frameworks, 24% with developed, and 25% with somewhat developed frameworks.

Canada, Statistical Data Included, Planning

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Clinching the cash battle

Article Abstract:

Chartered accountants can greatly improve clients' business ventures with the correct guidance on effective cash-flow management. Clients must be advised to view cash-flow management as essential to planning and managing a business. Thus, cash-flow budgeting must be included in annual business plans and the sources and timing of cash-flow must be determined that their uses may be planned. Success, however, depends on managers' ability to remain focused on effective cash-flow management.

Accounting, auditing, & bookkeeping, Influence, Accountants, Cash management

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Risk culture - up close and personal

Article Abstract:

Issues are presented concerning the techniques which are used successfully by business enterprises for effective risk management. The importance of leadership, strategy, communication and accountability are discussed.

Asset & Risk Management

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