Despite being introduced into the literature as a potentially exciting development over 20 years ago, there is still little or no agreement about what constitutes strategic management accounting (SMA). The term itself is open to a number of interpretations, something that is reflected in the varied nature of the research associated with it. In our view, however, SMA is best understood as a g…
Because every IT risk creates some degree of business risk, it is important that CAEs thoroughly understand IT change and patch management issues. IT change and patch management can be defined as the set of processes executed within the organization’s IT depart- ment designed to manage the enhancements, updates, incremental fixes, and patches to production systems, which include: • Applic…
Enterprise Risk Management (ERM) has been defined as the discipline by which an organization in any industry assesses, controls, exploits, finances and monitors risks from all sources for the purpose of increasing the organization’s short- and long-term value to its stakeholders. by the Casualty Actuarial Society (2003) and adopted by the Society of Actuaries (2005). Enterprise Risk Mana…
These Guidelines cover the main aspects of devising a policy on the use of derivative. It is based very closely on the „Supervisory Standard on the use Derivatives by Insurance Companies‟ as issued by the International Association of Insurance Supervisors. The implementation of the Guidelines needs to be tailored to the particular circumstances of individual companies. For example, the Cen…
Patients admitted to hospital are at risk of damage to kidney function, termed acute kidney injury (AKI), either from their illness or as a result of subsequent treatment. Kidney injury can lead to serious health issues and even death. It is essential that patients at risk, and those who develop kidney injury, are recognised early and treated effectively. However, the 2009 National Confidential…
Approximately 1000 people sustain a new spinal cord injury (SCI) each year in the UK. These injuries are associated with serious neurological damage, and can result in paraplegia, quadriplegia or death. Currently there are no ‘cures’ for SCI and in the UK there are 40,000 people living with long term disabilities as a result of such injuries. Care of an acutely spinally injured patient is…
Over the past three decades, management tools have become a common part of executives’ lives. Whether trying to boost revenues, innovate, improve quality, increase efficiencies or plan for the future, executives have looked for tools to help them. The current environment of globalization and economic turbulence has increased the challenges executives face and, therefore, the need to find …
The roots of OR can be traced back many decades, when early attempts were made to use a scientific approach in the management of organizations. However, the beginning of the activity called operations research has generally been attributed to the military services early in World War II. Because of the war effort, there was an urgent need to allocate scarce resources to the various military oper…
Risk management issues in the banking sector do not only have greater impact on bank performance but also on national economic growth and general business development. The bank’s motivation for risk management comes from those risks which can lead to underperformance. This study focuses on the association of risk management practices and bank financial performance in Nigeria. Secondary data s…
Forensic accounting–expert witnessing is not a new discipline, but few accounting textbooks exist to present a broad view of the profession of forensic accounting–expert witnessing. Books do exist on special subparts of it, including the determination of damages, business valuations, general discussions of fraud investigations, or other limited areas of forensic accounting. Books devot…
This workbook addresses the issues of Understanding Change in the Workplace. Should you wish to extend your study to other Super Series workbooks cov- ering related or different subject areas, you will find a comprehensive list at the back of this book.
Risk Management introduces, illustrates, and analyzes the many aspects of modern risk management in both financial institutions and nonbank corporations. It consolidates the entire field of risk management from policies to methodologies as well as data and technological infrastructure. It also covers investment, hedging, and management strategies. The shift to flexible exchange rates in the…
This is the second edition of our book that is designed as an introductory text in financial accounting. What sets it apart from dozens of other books with that basic aim is that this book is not set in any one national context. Consequently, instead of references to national laws, standards or practices, the main reference point is International Financial Reporting Standards (IFRS). Never…