Community Posts

Corporate controls are the policies, procedures, governance structures, systems, and oversight mechanisms used to help an organization achieve objectives while managing risk. They cover much more than accounting. A company may need controls over financial reporting, cash, procurement, cybersecurity, operations, compliance, data, artificial intelligence, conflicts of interest, and shareholder decisions. Strong internal controls reduce the […]

A research-based explanation of how subprime mortgages, weak underwriting, securitization, credit ratings, leverage, shadow banking, and regulatory failures produced the 2007–2009 global financial crisis.