|Closing the gap between strategic intent and operational execution
The business environment over the last several years has significantly pressured companies to deliver on their strategic priorities. There is clear evidence today that while many companies believe they have defined the right strategy, they are not able to consistently achieve the fullest potential of that strategy and align with performance. In this article we focus specifically on how effectively managing strategic risk is a key driver for achieving performance alignment.
|PwC Global Economic Crime Survey 2014
Economic crime continues to remain in the forefront of corporate concern, posing a threat to fundamental business processes. PwC's 2014 Global Economic Crime Survey offers insight into the state of economic crime to help stakeholders in the private and public sector improve their response to this ever-evolving threat.
|Transforming Treasury: Successfully executing a strategic transaction
For strategic transactions, managing the risks typically associated with Corporate Treasury can be paramount to a deal’s success. This article explores how to navigate those risks and seize the inherent opportunities that effectively position Corporate Treasury and strategically transform the new organization.
|State of Compliance 2013 Survey
The survey was designed to give corporate compliance officers the benchmarking data they need to understand common industry practices today, and to plan for more effective and more efficient compliance operations in the future. First launched in 2011, the report aims to give leaders of the compliance function a comprehensive view into how their peers staff and structure their organizations, the scope of their responsibilities, the risks they target, the processes they use to manage their compliance programs, how they work with others outside the compliance function, the resources at their disposal, and much more. For the first time, PwC expanded the scope of the survey beyond the US to include UK based companies. We received close to 800 responses to our 2013 survey from executives—a staggering 680% increase over 2012.
|Beyond Theory - Practitioner Perspectives on Enterprise Risk Management Guide
In conjunction with the Corporate Treasurer’s Council (CTC), a part of the Association for Financial Professionals, PwC is pleased to share the Beyond Theory – Practitioner Perspectives on Enterprise Risk Management guide. This is not your typical Enterprise Risk Management (ERM) guide. Instead it focuses on the experiences of five companies and their ERM programs. Based on extensive interviews with corporate risk practitioners and experts and including quantitative data, this practitioner’s guide presents detailed examples of the ways in which companies have approached ERM and how their efforts provide valuable insight into leading ERM practices.
|Risk resiliency: Building agility and empowerment into internal control
In May 2013, an updated version of one of the first frameworks to address internal control was released. The update to the Internal Control – Integrated Framework by the Committee of Sponsoring Organizations (COSO¹) provides a timely opportunity to challenge how organisations approach internal control. Its revisions in a number of areas should prompt business leaders to ask themselves: Who is really accountable for internal control? Does our internal control system underpin the achievement of our most important objectives? Is there a way for internal control to stimulate rather than stifle agility? In short, is it time for a fresh look at internal control?
|2012 State of Compliance Study
PwC and Compliance Week teamed up to survey over 120 senior-level compliance executives at leading U.S. companies. The resulting report summarizes the findings of the study and provides selected benchmarking data in four key areas: Compliance organization scope and support; effectiveness; technology and resources and reporting.