December 7, 2021

How to Reinvent Your Core Business Processes in a Time of Crisis

To “pivot your business” has been a catch phrase we’ve heard repeatedly over the last couple of years. While it sounds fantastic in principle, it can be difficult to navigate. For businesses in crisis, it’s essential to make the necessary changes in an efficient, timely manner without damaging the stability of your workforce and existing customer base. How to reinvent your core business processes in a time of crisis.
December 3, 2021

Why is Succession Planning So Important?

 A company’s most valuable asset is its people. It’s an aphorism many attribute to Marcus Lemonis, but that has actually been understood by successful business managers since before he was even born. Yet in an uncertain world, we can be sure of one thing – nobody is going to stay in their role forever.  Why is succession planning so important?
July 21, 2021

How Does the Decision-Making Process Affects Firm Success?

Managers inside an organizations are making decisions with a huge impact on their operations every day. These decisions relate to human resources, partnerships, money, and products or services, among others. Unknown to many firms, the problem solving process you follow when making a decision will affect your success. How does the decision-making process affect firm success?
July 10, 2021

How are Financial Controls Implemented?

Financial controls are documented in your finance processes, policies, and procedures manual template. SOX, in general, has generated a lot of discussion about internal controls even requiring financial policies and procedures. How are financial controls implemented?
January 13, 2021

What are Financial Internal Controls?

The Internal Control Procedures Series provides a risk reducing framework of financial internal controls for the ten core accounting cycles — these cycles make up the accounting body of knowledge.  Each financial cycle focuses on a key element of business accounting and, therefore, should be covered in your company’s financial accounting policies and procedures manual.
December 27, 2020

Make Compliance Easier

Sell yourself first, then sell everyone else on the importance and value of compliance. Make them want it!
June 18, 2020

How to Improve Business Ethics

Many members of an organization express concern over whether their company is ethical . If you're one of them, do you know how to improve business ethics?
October 23, 2019

What Is ITIL Information Technology Infrastructure Library?

Pass the ITIL?? V3 foundation exam and you will get a free lapel pin.
September 23, 2019

How to Reduce SOX Accounting Compliance Costs

Three things drive up the cost of Sarbanes-Oxley compliance more than any other: Cost of Scale, Cost of Review, and Cost of Improvement.