Improve Company Governance

Learn how to ensure SOP compliance in your business with our comprehensive guide.

Are you confused by acronyms like SOP used in the workplace? If so, you’re not alone. This article dives into the meaning of SOP – Standard Operating Procedure – and how it can be used to benefit you and your business. Don’t miss out on this opportunity to gain valuable insight into the world of […]

The compilation and presentation of financial statements are governed by a set of rules known as Generally Accepted Accounting Principles (GAAP) in the accounting industry. Although firms are not obligated by law to adopt GAAP, the subject of whether accounting policies should do so frequently arises. Must Accounting Policies Follow GAAP?

Mistakes are an inevitable part of running a business. It is a common practice that a business faces a drawback due to an unpredictable financial mistake. Some blame it on ignorance, some on lack of professional guidance, while others are simply trying to find someone to blame. What financial mistakes put business at risk?

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

Most businesses fail. There are a whole host of reasons why, but it usually boils down to a lack of understanding of the basic rules of business.  This blog will look at some rules that most businesses ignore, but that can make or break the success of a business. What are the reasons businesses fail?

Throughout the course of your business, you may have developed unique practices for carrying out your work which have resulted in a new method for doing business. Innovative new business methods may be patentable. Why should companies patent a business method?

Well-written Accounting Procedures are an important part of an internal control system (as required by SOX Section 404), but over documenting can be a detriment to internal controls.

Business policies define your governance model for your organization. Weak companies have weak governance models. So what business policies do you need?