Will the Excel Spreadsheet Ever Die In The Audit World?

My thought or question can be a dragnet type of question, although I look at all the automated software that are out there and I wonder, will “spreads” stop being the bread that supplies the butter (software)?  When...

How to Efficiently Manage Vendors?

Managing vendors is never easy. Expectations on both sides are almost always never the same, and over a period, the chasm is so wide and deep that it becomes difficult to move on. The changes in personnel and the regulatory...

Competency and Compliance Learning Management System

I love this saying because it is relevant across an array of topics and is so simple in its meaning that it can be interpreted in many ways with a fairly general understanding for all: people are stupid.  No matter...

Effective Compliance Management Through Automation

Crying wolf or raising false alarms was the demise of the sheep herder in Aesop’s Fables. Over-reacting to every compliance issue turns people into the Wolf Crier. An...

Traditional VS Breakthrough – Reduce Risk and Drive Operational Excellence

Running an organization based on quarterly goals and measuring quarterly performance have forced business leaders to scramble for short-term profit gains instead of having a long-term plan for performance and margins...

Five Steps for Successful Document Management

Documents carry critical information that helps run your business and serve your customers. Try applying the following five steps for successful document management at your organizatio...

Develop a Culture of Compliance and Risk Management

The risk is part of our daily life, not only in business or at work but also at home; in our personal life and even in our relationships. When we make decisions, not only the life-changing ones but also the mundane decisions...

Plan and Prepare with Risk Management

Growing up in Maryland, during the long, summer nights, severe thunderstorms frequently rolled in and did some damage. During the short, cold winter nights, an array of snow and ice storms rolled in and did some damage....

How to Stay Current with Regulatory Change

   Working in a heavily regulated industry, only one thing remains constant – Change.   With the dawn of Dodd-Frank, regulatory reform has brought in a new wave of change in the financial industry. ...