IT Risks The world of information technology (IT) is constantly evolving and improving, making it an invaluable tool for businesses of all sizes. However, with new technologies come new risks that can have serious consequences for your business if not managed properly. IT risks can range from data breaches and cyberattacks to system outages, software […]
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Bank Fraud – Modern methods Modern bank fraud methods – Banking services have developed during the last 5 years as a result of the use of financial technology with amazing development, the electronic phone wallet, and Internet banking. And Token management programs have appeared. Customer accounts and other customers’ accounts within the customer’s bank and […]
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What is financial advisory? Financial advisory is one of the most important means used in large and small projects and in companies and institutions, in addition to management consulting and marketing consultancy, which are ultimately the tools for project success, reaching the maximum profit margin, and estimating the market size well in the future, and […]
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Financial analysis of financial statements Introduction The act of analyzing a company’s financial statement can be daunting. You may be wondering where to start or what all of the different numbers mean. Don’t worry, we’re here to help to understand the Financial analysis of financial statements. In this comprehensive guide, we’ll explain everything you need […]
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Risk Management Process In the Risk management approaches, after the companies, specific risks are identified and the risk management process has been implemented, there are several different strategies companies can take in regard to different types of risk: Certified Financial Risk Management Consultant – CFRMC® (USA) Risk avoidance. While the complete elimination of all risks […]
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Risk Management (RM) : The Importance Introduction You’ve heard the saying, “An ounce of prevention is worth a pound of cure.” Well, when it comes to risk management, that’s definitely true. Risk management is all about preventing bad things from happening. It’s a process of identifying and assessing potential risks, and then taking steps to […]
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Setting Financial Goals for your small business Financial goals definition is vital if you want to change the way you view your business. Using a financial goal to help you achieve something at the end of the desired time period can allow you to compare the progress you made to your goals. Certified Financial Manager […]
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Operational Risk Management It is a methodology for organizations looking to put into place real oversight and strategy for Operational Risk Management when it comes to managing risks. So every business faces circumstances or fundamental changes in their situation. We can see that it presents varying levels of risk for this business, from simple harassment […]
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Leadership Skills Importance and Requirements Leadership skills resume while becoming a successful leader requires many steps, and having the right skills is crucial. So You can set yourself apart by taking a leadership course that provides the necessary training and allows you to improve your skill set. Organizations are currently looking to hire leaders who […]
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What is Risk? Risk can be viewed as the combination of the probability of an event and the impact of its consequences. Events with a negative impact represent risks that can prevent value creation or erode existing value. In order to deliver value to the stakeholders, we must understand the types of risks faced by […]
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