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The global financial crisis which wrecked business continuity and survival all over the world came in the wake of failed risk management and corporate governance practice. While it could be admitted to a reasonable extent that some companies have strategic risk management policies in place, no stringent commitment was ... Read More
In a conscious effort to enhance the oversight function of the management, the internal audit reporting system of an entity, among others, should not be underplayed. Successful enterprises in the corporate world are beginning to embrace the big picture of their business functions and processes through detailed attention towards ensuring ... Read More
1. IFRS adoption is compulsory for companies in Nigeria 2. IFRS Adoption is more than an accounting exercise. Processes and systems will be affected. 3. Do not change your system until the system impact is done 4. Board of directors need  to be trained on IFRS 5.  FRC say “no to external auditor serving as IFRS Consultant ... Read More

A RISK STRATEGY FOR BUSINESS SURVIVAL

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