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...
by Controllers Council | Jun 6, 2022 | Credit, Risk Management, Sponsor News
Any time you provide a product or service to a client and later invoice them for payment, you undertake a risk that you won’t be paid. Effective credit risk management is imperative to the success of your business. What is Meant by Credit Risk? When you invoice...
by Controllers Council | May 2, 2022 | Risk Management, Sponsor News
Insolvency is a real threat to all companies, especially those who operate under corporate distress. Today, the lagging effects of trade disputes, political uncertainties, social tensions and even global health concerns can also put the best-run companies at...
by Controllers Council | Jan 19, 2022 | CFO Insights, Governance, Risk Management
International bodies, communities and individuals, are demanding that businesses look beyond profits to environmental and social impacts. Many firms have allied with the United Nations to help achieve its Sustainable Development Goals (SDGs). But businesses are...
