Best Practices & Firm Management

Meet the Co-chairs - TIAG

Baker, Kurt
ESV Accounting and Business Advisors

Meet the Co-chairs - TAGLAW

Butler, Ed
LK Shields Solicitors

Levy, Robert
Kuit Steinart Levy LLP

Contact: KMJ | Corbin & Company (Costa Mesa, California, USA)

COSO released a proposed update to its widely used framework for internal controls. Since its introduction nearly 20 years ago, the COSO framework has helped companies worldwide improve their controls, manage risks and combat fraud.

Read more: COSO Introduces Update

Contact: Falcón Sánchez (Puerto Rico)

That's right, in fact fraud is so pervasive and so hidden in nature that your organization could be experiencing it as you read this. Your organization could be very well into attack by an unscrupulous employee, supplier, or any other outside

Read more: Small & Medium Enterprises (SMEs) Beware! Fraud Could Be Knocking on Your Door

Contact: CAF Contadores Publicos, S.C. (Nuevo Leon, Mexico)

As time goes on, it is becoming more common, unfortunately, the commission of frauds in prejudice of company's assets. Factors like economy recession; global competence; excessive regulations; problems to comply with tax obligations; the investment requirements for growth; the redacton of utility margins, etc., magnify the problem to take an economic breakdown due to disloyal employees,

Read more: Can Companies' Frauds Be Prevented?

By: Ismael Falcón Ortega
Falcón Sánchez & Associates, Puerto Rico

Good governance…what does it mean? Why is it important for business management to run an operation effectively? What are the implications of not having it in place and adequately implemented?

Read more: Good Governance: Accountability in Business & Public Sectors