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This post is the third in a series of three that explores some insights from the IDC white paper, sponsored by Zerto— The State of Disaster Recovery and Cyber Recovery, 2024–2025: Factoring in AI ¹. In part-1 , we looked at the top reasons for data loss and some ways to address them, while in part-2 we focused on the top disaster recovery challenges faced by organizations.
In an era of constant change, learn the importance of business continuity planning. This guide breaks down ensuring compliance with business continuity regulations. The post Ensuring Compliance with Business Continuity Regulations appeared first on Bryghtpath.
“Market risks” are risks specifically related to investments. These risks are defined by the behavior of the market overall, and can be caused by factors unrelated to your line of business. Really, any market fluctuations in any area might potentially affect your company’s investments. Market risk also refers to risks that are inherent to investments, in the sense that some amount of uncertainty will always be at play.
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Internal controls are the processes, procedures, tasks, and activities meant to protect an organization from fraud, financial information misreporting, cybercrime, and accidental losses. A strong internal control system is also vital to maintain compliance with all applicable laws and regulations. Internal controls do, however, have one nagging weakness: management override of those controls.
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In today’s complex financial landscape, trust and transparency play pivotal roles in ensuring business credibility. One essential tool that bolsters this trust is an audit of internal control over financial reporting (ICFR). But what exactly is it? At its core, an ICFR audit evaluates the operating effectiveness of a company’s internal processes and controls that safeguard its financial statements from misrepresentation, either accidental or intentional.
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