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ICFR Deficiency Rates Rising, Risk Management in Focus


Cause for concern? Maybe.

Case for action, definitely.

Inspections are finding “a troubling increase” in audit deficiency rates.

External auditors of public companies are being challenged to do a better job of scrutinizing financial statements.

The PCAOB and the Securities …

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Cost Savings Back at Number One, How Do We Respond?


It is often said that winning businesses grow revenues and cut costs faster than their peers.

There is definitely a renewed focus on cost efficiencies.

82% of executives state that margin improvement or protection is a high or critical

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Half My AI Generated Content is Wrong, But Which Half?


There is a great quote, often and falsely (I understand) attributed to David Ogilvy, the eponymous head of the famous Ogilvy & Mather advertising agency, now part of WPP.

“Half the Money I Spend on Advertising is Wasted, but the

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Who is Making the Crucial Decisions? CEO Survey . . .


Many of us are very keen on the idea of a “seat at the table” where the BIG decisions are made.

But, “be careful what you wish for”  . . .

Eilis Cronin at Management Today wrote …

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In Praise of Polymaths & The Shape of Thinking


I have always been intrigued by the qualities and impact of deep subject matter expertise and generalist skills and knowledge. They both ahve their place and each can help or hinder in different contexts.

There is much debate on the …

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Five Impact Themes from GBS Shared Services Leaders


I missed the Deloitte Shared Services conference in Copenhagen in September last year, but I heard good reports from colleagues that attended.

The 5 themes that became the key takeaways resonate with me, but I would add a further two …

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Cutting Your Losses in the Order to Cash (O2C) cycle?


The demise of “free money” has been painful for many.

Debt ratios, interest rates and cost pressures have conspired to put cash center stage again.

Cash is recrowned King.

The Customer Demand/Order to Cash (D2C/O2C) cycle is at the core …

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New Year, New Job? For the new CxO, experience isn’t enough . . .


It is said of London buses that you wait ages for one, and then three come along at once!

Related snippets of information from unrelated sources, also seem to turn up together.

You have a casual conversation about Tierra del …

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Getting Things Done and Staying Done!


It’s the season . . .

So, you probably won’t be reading this until you have indigestion and have spent too much time with extended family members – some you love dearly, and others you remember why you see them …

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Trust in Risk Management in Focus as Material Weaknesses Increase


 

Two reports and a sharp analysis on Internal Controls over Financial Reporting (ICFR) and SOX caught my attention as many of us are approaching the festive audit season ( “a perfect storm” you might say)!

PwC offer a “call to …

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