For the professional manager, finance is the empirical discipline that translates operational activity into measurable economic outcomes. It is the language of value creation, resource allocation, and risk control.
Posts tagged as “Internal Controls”
Internal Audit in a company is an independent, objective assurance and consulting activity designed to add value and improve an organization's operations.
Governing a large corporation centers on Corporate Governance, which is the system of rules, practices, and processes by which a company is directed and controlled.
This is a this a comprehensive guide to boardroom roles with deeper detail, nuances, and distinctions between corporate boards, nonprofit boards, and modern governance expectations.
Auditing in finance is the process of examining and evaluating an organization's financial records, statements, and internal controls to determine if they're accurate, complete, and in compliance with established accounting standards and regulations.
Compliance in the business world refers to the adherence of an organization to the laws, regulations, standards, and ethical guidelines that govern its operations.
Due diligence in business management is a critical process of investigating and verifying information about a company, asset, or investment opportunity before entering into a significant business arrangement.