Social media – what’s the worst that can happen? Quite a lot, as Qantas found out, when a social media crisis hit both its share price and its world-famous reputation for safety. Grant Thornton’s Internet Intelligence team reviews the story and suggests ways in which companies can implement a social media risk management strategy.
Many companies are not being clear enough when reporting the principal risks and uncertainties facing their business, said a concerned Financial Reporting Review Panel last week. What steps can businesses take to improve compliance?
Bribery is more than just a white collar crime. Nicola Bonucci, OECD’s director for legal affairs, explores the public policy issues associated with bribery and emphasises the message that the Bribery Act is good for clean businesses who want to compete on a level playing field.
Sterl Greenhalgh, partner and head of Grant Thornton’s anti-corruption group, picks up on whether UK Government is providing enough support to business.
Download our guide ‘Navigating the Anti-Corruption Maze’ to assist you in understanding the risks and how to implement an appropriate system of adequate procedures in your business
What guarantee is there that enforcement will be taken seriously? Panel members discuss not only trends in enforcement but the commercial efficiencies of having systems in place to prevent bribery.
Download our guide ‘Navigating the Anti-Corruption Maze’ to assist you in understanding the risks and how to implement an appropriate system of adequate procedures in your business
We’ve posted a lot about risk management recently with our report A new risk equation? Safeguarding the business model. But, of course, it’s important to remember that risk is also a vital part of what makes a business grow. No one knows this more than Luke Johnson, the man who turned Pizza Express into a household name. Here he talks about measured risk – and why we should embrace it more as we get older.
Risk appetite statements are a growing trend in the UK, while 84% of surveyed companies in Ireland are changing how they view risk, according to our recent report. Here, two experts from Grant Thornton, review the changing approaches to risk in the UK and Ireland post-recession.
This set of expert questions, asked by Grant Thornton’s risk services team, is designed to trigger a full and in-depth boardroom discussion on the quality of your risk management processes.
Our recent business risk report shows widespread complacency in company risk management processes. Check the risk maturity of your organisation with our quick online assessment tool.
Why did so many risk processes fail to protect companies from the worst of the global downturn? And how can senior managers approach risk management afresh to help protect their business in future? Our latest research report has the answers. Plus, check out our tool to assess your own company’s risk maturity.
Inconsistencies in annual reports between the corporate narrative and the external audit figures are becoming more of a focus for the Financial Reporting Review Panel (FRRP). The problem was highlighted in its annual report, out last week: of the 308 companies reviewed, 146 had been approached by the FRRP for further information or explanation.
The Financial Times Non-Executive Directors Club is holding a practical and interactive workshop for experienced non-executives on 10 June 2010 to discuss the implications of risk, fraud and corruption to the non-executive directors’ role.
