Risk Management
Risk Management & Disaster Planning
We all read the papers, listen to the radio or watch the nightly news and, for the majority of us, we are incredibly fortunate to be able to turn off or tune out the problems that occur in our backyards or around the world. Risk managers of companies take notice of what is happening and assess risk daily. Risk managers [...]
Risk management for accounting firms: accuracy in output and advice
Accuracy in output and advice are the cornerstone components of the accounting profession. The three biggest liability risks facing accountants are: Data security Accuracy in output and advice Protecting facilities and property from damage We covered data security and protecting facilities and property from damage. Today we will focus on accuracy in output and advice. The professional need for accuracy [...]
Pool and Hot Tub Safety in Ontario
The stay-at-home orders of the pandemic have prompted many Ontario homeowners to install a new pool or hot tub. This article will be outlining some installation regulations, safety tips, and things to remember regarding insuring your new backyard paradise. Installing your Pool According to Code The initial question you must ask when installing your new pool or hot tub is, [...]
Risk management for Accountants: protecting facilities and property from damage
Risk management is a prudent practice for all types of businesses. As time goes on, it is essential to re-examine your company’s landscape and compare it with current business practices. It is even more critical for accountants who have access to various sensitive, personal and corporate financial data to conduct a routine risk management check-in. The three biggest liability risks [...]
Risk management insight for accounting firms: data security
Accounting is a highly regarded and respected profession. Being a professional Accountant comes with a responsibility to protect data, provide relevant advice, and be accurate in execution. Beyond this, many Accountants who also operate their firm are tasked with ensuring regular business operation. These operations include maintaining their office and equipment, managing the firm’s reputation, being up-to-date on employee practice [...]