Lifelong skeptics: Auditors must question all information they are provided
Businesses lack a significant degree of control over contextual and environmental effects that can have a lasting impact on a particular entity.
Businesses lack a significant degree of control over contextual and environmental effects that can have a lasting impact on a particular entity.
These low-probability, high-impact events are generally very difficult, if not impossible to predict, making any attempt to do so mostly futile.
The business world has become increasingly competitive, leaving many business decision makers unwilling to wait for results.
Although these different components of a business have slowly come closer together since then, the IIRC hopes that a more integrated model develops over the next decade.
Small business executives may be able to handle their tax responsibilities without outside help, but as companies expand, tax work may become too complicated.
The results were so statistically significant that researchers were able to accurately predict the gender of a financial professional about 62 percent of the time.
Some degree of transparency on the part of the an executive team could help the entire organization better understand the company’s position in the market.
As companies supplement their workforces, competition for workers has also spiked.
When organizations are still in their formative stages, many financial practices – from retrospective accounting to future planning – can be achieved in a piecemeal fashion.
Financial planners and CFOs who do not look far enough down the road could place their businesses in dire financial straits.