Enterprise Risk Management
Business Sustainability Checklist for Nonprofit Organizations During Crisis
During an unprecedented crisis such as the coronavirus (COVID-19) outbreak, an organization’s greatest chances of survival dramatically improve if it takes proactive measures to preserve cash immediately instead of taking…
Business Sustainability Checklist for Organizations During Crisis
During an unprecedented crisis such as the coronavirus (COVID-19) outbreak, a business’s greatest chances of survival dramatically improve if it takes proactive measures to preserve cash immediately instead of taking…
SBA Awards $20 Million Contract to Mercadien JV for Risk Mgmt. of 504 Loans
The Mercadien Group is pleased to announce that its affiliate company, Kingstonville-Mercadien JV, LLC, has been awarded a five-year contract with the U.S. Small Business Administration (SBA) to provide risk-based…
Moving from “Great, an Audit” to a Great Audit
“Oh great, an audit!” When the word audit is seen or heard by most people working in any type of organization, it usually invokes a negative response. They view the…
Internal Audit: When Outsourcing Should Be Considered
Expansion and growth present both excitement and challenges for a company. During such periods, new systems are introduced, processes are redesigned and refined, and employees are trained in the changes.…
Do You Know How to Identify Elder Fraud & Financial Abuse?
The Population Reference Bureau report, “Aging in the United States,” examines recent trends and disparities among adults ages 65 and older, and how baby boomers born between 1946 and 1964…
Going on the Offensive in Risk Management & Compliance Monitoring
Regulatory guidance for banks has become increasingly forceful. Recent developments are making it clear that should is to be interpreted as shall. Financial institutions are working to establish compliance frameworks…
Enterprise Risk – Are You Properly Managing It?
When I ask my clients if they have a formal risk management process and plan, the discussion often goes to insurance. I get a “Yes, our buildings and other fixed…
The Impact of the Opioid Crisis on Treatment Providers
Opioid use and addiction have reached epidemic proportions in this country. According to the U.S. Centers for Disease Control and Prevention, in 2016, an average of 115 Americans per day…
Forensic Accounting in the Public Sector
Traditional roles of Certified Public Accountants (CPAs) in the public sector, whether at the federal, state or local level, revolve around the areas of auditing, financial reporting and management accounting.…