British Petroleum was recently fined US $ 4.5 billion for the Deep-water Horizon disaster in April 2010. The highest ever fine till date. The verdict implicated two employees for negligence. Similar news is coming of regulators charging huge fines
The global economy is facing turbulent times with US in recession, Europe in economic crises and emerging markets growth slowing down. Frequently organizations panic on hearing forecasts of looming recession. They cut down marketing budgets, innov
The board of directors have the responsibility for steering the organization in the right direction and guiding the CEO and senior management. However, worldwide they are lambasted for catering to the manifested interest of CEO and senior manageme
The business teams mental picture of an auditor is of a guy focused on nitpicking financial accounts. The excessive focus from regulators on internal controls in finance processes has stereotyped auditors. However, in these dynamic economic cond
Some companies fail and some succeed spectacularly in the same market conditions. The question for successful companies is what did they do differently? On the other hand, failure is attributed to either poor strategy or pathetic operation
When I started writing my blog "Sonia Jaspal's RIskBoard", a few writers and fellow bloggers gave me an ego deflating feedback Your posts read like research papers, you should write more stories. My reaction was
Don't judge each day by the harvest you reap but by the seeds that you plant. By Robert Louis Stevenson Last decade altered the risk profile of the world. Look it from any lens - financial, technological, political, leg
Indian economic progress has forever changed the role of risk functions within the organizations. The bespectacled serious-brow-furrowed auditor who goaded and badgered business
When I say auditors create caustic work environment, I expect an indignant response from auditorville to the effect What are you saying, we are beacons of decency and always walk the high moral ground. A question that begs an
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