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Author: Daoguang Yang
Publisher: Taylor & Francis
ISBN: 1003848605
Category : Business & Economics
Languages : en
Pages : 194
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Book Description
By examining two different modes of internal control and the fundamentals of risk management, this book analyses the role of internal control in financing, investment, profit distribution, and corporate strategies through China's experience. In doing so, it confirms the effectiveness and superiority of internal control over operation and management. The book compares the various internal control methods used in China and the USA, namely, operation and management-oriented versus financial reporting-oriented approaches. It also discusses the differences in corporate risk attitudes and behaviours under the two approaches. The author then proposes the hyper-correction hypothesis and the trimming hypothesis. Empirical findings regarding corporate cash policy, mergers and acquisitions, tax avoidance, and diversification strategy reveal that internal control in China does not result in undue risk aversion but instead manages enterprise risk within a reasonable capacity. These results support the trimming hypothesis and demonstrate that internal control is a useful risk management tool. The title will appeal to students, academics, and accounting professionals interested in internal control (risk management), accounting, auditing and corporate finance, regulation and governance.
Author: Daoguang Yang
Publisher: Taylor & Francis
ISBN: 1003848605
Category : Business & Economics
Languages : en
Pages : 194
Get Book Here
Book Description
By examining two different modes of internal control and the fundamentals of risk management, this book analyses the role of internal control in financing, investment, profit distribution, and corporate strategies through China's experience. In doing so, it confirms the effectiveness and superiority of internal control over operation and management. The book compares the various internal control methods used in China and the USA, namely, operation and management-oriented versus financial reporting-oriented approaches. It also discusses the differences in corporate risk attitudes and behaviours under the two approaches. The author then proposes the hyper-correction hypothesis and the trimming hypothesis. Empirical findings regarding corporate cash policy, mergers and acquisitions, tax avoidance, and diversification strategy reveal that internal control in China does not result in undue risk aversion but instead manages enterprise risk within a reasonable capacity. These results support the trimming hypothesis and demonstrate that internal control is a useful risk management tool. The title will appeal to students, academics, and accounting professionals interested in internal control (risk management), accounting, auditing and corporate finance, regulation and governance.
Author: Anne M. Marchetti
Publisher: John Wiley & Sons
ISBN: 1119378389
Category : Business & Economics
Languages : en
Pages : 217
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Book Description
Designed to lead financial managers from initial compliance with the Sarbanes-Oxley Act, through ongoing maintenance and monitoring, Beyond Sarbanes-Oxley Compliance helps readers seize this opportunity to revitalize their business practice, drive greater performance, and transform their finance organization into a key contributor to the business. Focusing on the present and future financial road ahead, Beyond Sarbanes-Oxley Compliance explores how to implement enterprise risk management processes that comply with Sarbanes-Oxley 302/404/409 requirements, ways to build on initial compliance activities that will improve financial management processes and profitability, compliance and quarterly close checklists, timelines, and table summaries to help readers achieve their goals, and much more.
Author: Dawn Pretorius
Publisher: Xlibris Corporation
ISBN: 1493194364
Category : Business & Economics
Languages : en
Pages : 450
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Book Description
There is a lot of information available on governance, risk and compliance as separate subjects but little on the interrelation between the three components known in the industry as enterprise-wide governance, risk and compliance (eGRC). This book brings eGRC to the reader in a way that starts with simple concepts and builds on them to provide insight and a practical guide for a holistic approach to eGRC. Companies have to manage risk in order to remain a sustainable force in the marketplace. Efforts to reduce risk can, unintentionally, be uncoordinated, disjointed or even neglected. Through not implementing a more cohesive and systematic approach to managing risk, opportunities to benefit the company can also be missed. Beyond Play offers a practical and simple approach. Compliance is a very specific form of risk: that of complying with the law, but the role of the compliance officer includes a lot more. Working with the law and regulators and applying a compliance methodology are explained to provide value to learners, compliance officers, managers, prescribed officers and directors. Many companies 'play' at corporate governance, probably because it is perceived as being 'too big' to grasp. This book will change your thinking and will help directors' pave the way for implementing a framework that can be worked with on a practical level within an enterprise wide risk management context. the systemic nature of risk means it can spread to customers, shareholders, communities and economies as the credit bubble of 2008 has proved. Equally, a company that applies a robust an intelligent approach to eGRC has a positive influence on the marketplace, the community and a nation. Do you believe that your business, whether for profit or not for profit and on the basis on which it currently operates, is sustainable in an increasingly dynamic world? This book uses examples from the financial services industry; it also makes reference to South African legislation and governance codes. These references do, however, focus on international best practices so the methodologies can be universally applied. Governance, risk and compliance is an integrated concept to be incorporated within an enterprise risk framework which helps an organisation, either private or public, for profit or non profit, to direct its strategies and operations with integrity and within the law; the reason being to achieve its goals in such a way that its stakeholders and the economy as a whole are never compromised or put at risk beyond that which has been carefully defined and deemed acceptable.
Author: Gene Kim
Publisher: IT Revolution
ISBN: 1942788258
Category : Business & Economics
Languages : en
Pages : 301
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Book Description
This is a companion transcript of the audio series, Beyond The Phoenix Project, intended to be used for reference and to enable further research of cited material, and not as a standalone work. In the audio series, Gene Kim and John Willis present a nine-part discussion that includes an oral history of the DevOps movement, as well as discussions around pivotal figures and philosophies that DevOps draws upon, from Goldratt to Deming; from Lean to Safety Culture to Learning Organizations.The book is a great way for listeners to take an even deeper dive into topics relevant to DevOps and leading technology organizations.
Author: Jan A. P. Hoogervorst
Publisher: Springer Science & Business Media
ISBN: 3540926712
Category : Business & Economics
Languages : en
Pages : 445
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Book Description
Achieving enterprise success necessitates addressing enterprises in ways that match the complexity and dynamics of the modern enterprise environment. However, since the majority of enterprise strategic initiatives appear to fail – among which those regarding information technology – the currently often practiced approaches to strategy development and implementation seem more an obstacle than an enabler for strategic enterprise success. Two themes underpin the fundamentally different views outlined in this book. First, the competence-based perspective on governance, whereby employees are viewed as the crucial core for effectively addressing the complex, dynamic and uncertain enterprise reality, as well as for successfully defining and operationalizing strategic choices. Second, enterprise engineering as the formal conceptual framework and methodology for arranging a unified and integrated enterprise design, which is a necessary condition for enterprise success. Jan Hoogervorst's presentation, which is based on both research and his professional background at Sogeti B.V., aims at professionals in management and consulting as well as students in management science and business information systems.
Author: Chong-sa Lim
Publisher: World Scientific
ISBN: 9814491411
Category : Science
Languages : en
Pages : 314
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Book Description
This book provides a unified description of elementary particle interactions and the underlying theories, namely the Standard Model and beyond. The authors have aimed at a concise presentation but have taken care that all the basic concepts are clearly described. Written primarily for graduate students in theoretical and experimental particle physics, The Physics of the Standard Model and Beyond conveys the excitement of particle physics, centering upon experimental observations (new and old) and a variety of ideas for their interpretation.
Author: Alexander V. Bobylev
Publisher: Walter de Gruyter GmbH & Co KG
ISBN: 3110550172
Category : Mathematics
Languages : en
Pages : 344
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Book Description
This two-volume monograph is a comprehensive and up-to-date presentation of the theory and applications of kinetic equations. The first volume covers many-particle dynamics, Maxwell models of the Boltzmann equation (including their exact and self-similar solutions), and hydrodynamic limits beyond the Navier-Stokes level.
Author: Bloomsbury Publishing
Publisher: Bloomsbury Publishing
ISBN: 1472915895
Category : Business & Economics
Languages : en
Pages : 7266
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Book Description
QFINANCE: The Ultimate Resource (5th edition) is the first-step reference for the finance professional or student of finance. Its coverage and author quality reflect a fine blend of practitioner and academic expertise, whilst providing the reader with a thorough education in the may facets of finance.
Author: Douglas G. Hoffman
Publisher: John Wiley & Sons
ISBN: 9780471412687
Category : Business & Economics
Languages : en
Pages : 580
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Book Description
"Managing Operational Risk" ist ein maßgeblicher Leitfaden zum Handling des operativen Risikos in Finanzinstituten. Als operatives Risiko bezeichnet man das Risiko für mögliche unerwartete Verluste, die auf Systemfehler, nicht adäquate interne Steuerungs- und Kontrollmechanismen sowie auf menschliches Versagen und höhere Gewalt zurückzuführen sind. Erläutert werden hier alle grundsätzlichen Fragen, angefangen bei einer ausführlichen Definition des Begriffs operatives Risiko, bis hin zu Entwurf und Implementierung anspruchsvoller Riskmanagement-Systeme. Darüber hinaus werden neueste Verfahren zur Erstellung von Computermodellen ebenso erörtert wie führende Methoden zur Integration von Legacy Systemen für die Bewertung und Erfassung operativer Risiken. "Managing Operational Risk" ist ein sachlich-prägnanter Ratgeber zur Bewertung und Minimierung des operativen Risikos. Geschrieben von Douglas Hoffman, einem international führenden Experten auf diesem Gebiet. Mit zahlreichen Fallstudien zu Spitzenfinanzinstitutionen weltweit.
Author: Sara Trucco
Publisher: Springer
ISBN: 3319187236
Category : Business & Economics
Languages : en
Pages : 153
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Book Description
This book presents empirical evidence on the convergence of financial and management accounting in the Italian context. The author provides an overview of the development paths of financial accounting including its evolution, role of non-financial, forward looking and voluntary disclosures, and internal determinants such as corporate governance and business culture. The author uses the premises of agency, signalling, legitimacy and institutional theories in understanding this evolution, and includes the perspective of professional associations and academics on the topic. Based on survey data, the reader is provided with valuable insights into the Italian accounting scene.
