Risk management

From a provider’s perspective what does the royal commission presage in enterprise risk management terms? If an organisation has a current and effective ERM process then it needs to be reviewed,…

Over 87 per cent of company value today is now in intangible assets. Less than 0.5 per cent of data is actually ever analysed and used. In unlocking the value of big data there are some…

For most organisations, its workforce is its largest cost and arguably its biggest asset. Companies that do not plan for the right workforce are more vulnerable to obsolescence. Strategic…

Intangible assets represent the majority of a company’s value. However, intangible asset risk is often underestimated or ignored. Identifying unrecognised intangible assets may generate new…

Having a contract risk assessment process in place can help ensure that organisations take a proactive and preventative approach as opposed to one that is reactive and reparative. Once a risk…

The Commonwealth Modern Slavery Act 2018 commenced on 1 January 2019 and the NSW legislation is awaiting proclamation before commencement. Reporting entities will be required to submit an annual…

Reputation damage represents a powerful threat to company value and trust, which means boards now expect corporate affairs leaders to proactively identify reputation risks.  Using a proven…

Before adopting a non-financial reporting framework, organisations should undertake a materiality review to determine the issues that are important to each stakeholder of an organisation. Task…

The accountability of an organisation for its performance is limited by a narrow focus on its financial performance. Developments in risk management and accounting provide a practical solution for…

Data protection, or privacy law as it is known, is an area of increasing regulation. Greater regulation of data protection brings with it positive benefits for consumers but the need for compliance…

The proposed legislation is aimed at deterring and disrupting illegal phoenixing and punishing those involved in this behaviour more harshly. The reforms to corporation and tax laws will have a…

Cybercrime presents a very real and ever present danger to most businesses. Ransomware is one of the fastest climbing online offences in the world today. This article covers four online…

Organisations need to take a more holistic view of governance. It is critical that boards take a key role in setting the tone from the top about conduct and compliance. This article outlines…

The number of climate change cases worldwide is increasing. While few cases have been successful, there may be increasing pressure on companies to accept responsibility for activities which…

This article reports on research exploring how directors describe the tensions as they navigate emerging social and environmental issues, and broadening stakeholder responsibilities. Underpinning…

The acronym SEMTEX relates six critical or major concerns of corporate officers for 2018. New risks can emerge quickly particularly in the evolving area of technology. Consider including on the…