More today on risk management, accounting — add in the critical internal controls and you are given the steps to ensure best practices strategies.
Excerpt: An effective internal control system is one of the best defenses against business failure and an important driver of business performance, according to the report. And it says accountants play a key role in internal control as creators, enablers, preservers, and reporters of sustainable value creation for organizations.
Read full article via Eight questions for a holistic risk assessment. From Journal of Accountancy