WHAT'S NEW

Dan French, CEO Consider Solutions has been asked to present at these following events

Next generation Continuous Monitoring

Insights for the CFO and Audit committee.

By Juergen Mueller, Partner – PwC & Dan French, CEO – Consider Solutions

Assuring the organisational cardio-vascular system

Today’s standard practice in business assurance is focused on symptoms of problems, followed by diagnosis and cure. This approach has significant risks in itself. If you consider the human body, we have learned in recent decades that for many illnesses there are markers in the blood system long before a medical problem exhibits symptoms. In the same way, long before symptoms are apparent in the organization, there are markers in the information systems and processes of the business. Click read more to register for white paper download.

27th April 2012:

‘Compliance Thinking’ or ‘Risk Thinking’?

The experience of the past ten years indicates that a regulatory compliance focus may not be the best way of driving out unwanted error and fraud. The new US ‘JOBS’ Act reflects this growing realisation.
A ‘compliance’ focus is directed at ‘controls’, assuring their existence and occasionally their effectiveness. A ‘risk’ focus addresses the underlying issues that can impact business performance...

15th March 2012:

Monitoring, Measuring, and Managing Critical Business Risk

Common Shared Services – do they make the boat go faster?
The dominant theme in driving efficiency (and thus profit) in big companies is around transformation and standardisation in common processes, a shift to shared services and common, single instance global ERP systems.A whole industry has grown up around advising, executing, reviewing and benchmarking this kind of 'finance transformation'. Very interesting to ask with all these initiatives...

13th February 2012:

Taking Risk & Performance Monitoring to the Next Level

Continuous Monitoring has been a topic of keen interest to risk professionals for several years. There is a lot of theory driving some large scale 'strategic' initiatives usually associated with new ERP implementations.

26th January 2012:

Misplaced confidence? - why monitoring financial controls gives a false sense of security . .

There is growing evidence that most organisations do not have clear insight into the real life business events that are likely early indicators of performance degradation and/or significant risk exposure. This is counter-intuitive given ongoing significant investments and efforts into processes, systems, shared services, risk management, decision support and performance improvement.

12th January 2012:

What is the role of Continuous Assurance and Continuous Monitoring?

Despite the efforts in improving assurance over the past decade, 2011 saw more significant corruption and accounting scandals associated with fraudulent and undesirable behaviour.
Reliance on the external audits is not sufficient and we are even seeing the impact of misplaced confidencein expensively developed internal control systems.The problem seems to be spreading rather than reducing.