by Controllers Council | Nov 6, 2024 | Accounting Operations, Risk Management
Experts estimate that cybercrime incidents will cost the United States $452 billion in 2024. The repercussions of a cyber attack can include data loss, profit losses, and reputational damage. While preventing cybersecurity incidents is traditionally viewed as a...
by Controllers Council | Sep 11, 2024 | Risk Management
Controllers Council recently held a panel discussion entitled, the Controllers Risk Management Playbook, sponsored by BILL. BILL is a leading financial operations platform for small and midsize businesses (SMBs). As a champion of SMBs, BILL automates the future of...
by Controllers Council | Oct 6, 2023 | Controller Insights, Risk Management
In the intricate realm of corporate finance, the only constant is the presence of risk. Whether driven by global economic shifts, regulatory changes, technological disruptions, or unforeseen calamities, you face several threats every day, and given the potentially...
by Controllers Council | Jun 19, 2023 | Risk Management, Supply Chain
While 2023 saw long-anticipated improvements in the global supply chain, many companies are still experiencing major disruptions in their operation and distribution networks. Financial executives can play an important role in mitigating supply chain risk. By working...
by Controllers Council | Apr 11, 2023 | Banking, Controller Insights, Economics/Economy, Risk Management
Since the collapse of Silicon Valley Bank (SVB) in March 2023, financial analysts have been performing a thorough autopsy. What caused SVB to fail? While many factors led to its downfall, a U.S. regulator told a Senate panel that SVB had a “terrible” track record when...
by Neil Brown | Nov 30, 2022 | Economics/Economy, Foreign Exchange, Risk Management, Treasury
Not since the 1980s have we seen the type of exchange rate volatility in the world’s major currencies that we’ve seen recently. (see volatility charts below for 1980s and recent) For example, just in the past three months the Euro has fallen 3.46% against the US...
