Enterprise risk management (ERM) tends to be thought of as something only big companies need (or can afford). But it’s not just a megacorp thing—it can protect assets; rescue your company from unforeseen catastrophes, like… more
Blog: corporate governance
MF Global’s ‘vaporized’ funds point to lack of internal controls
I recently read an article discussing how approximately $1.2 billion in cash went missing from the coffers of MF Global Holdings, simply “vaporizing” in the wake of the company’ s collapse, according to The Wall… more
New COSO Framework improves guidance, provides focus; update processes now
The Committee of Sponsoring Organizations of the Treadway Commission (COSO) recently released for comment a draft 2012 Internal Control—Integrated Framework. The 2012 framework, expected to be released later this year, addresses changes in the globalization… more
RoseRyan guru elected to XBRL US committee
Congratulations to Lucy Lee for her recent election to XBRL US’s Domain Steering Committee. The committee’s primary goal is to oversee the development of taxonomies that meet the business reporting needs of key U.S. markets.… more
Rev rec worries? Just give it time (and remember to breathe)
The new rev rec guidelines have made for some labor-intensive process changes in some of the client companies that we work for.
It took me back in time to the initiation of Sarbanes-Oxley (SOX) compliance and how it… more
