Risk Management

Almost two-thirds of all fraud and economic crime came from external sources compared to less than half just four years ago. However, 60 percent of these crimes were committed by ‘frenemies” – someone close to the organisation, such as a customer, supplier, consultant or agent.

The speed at which technological innovation is transforming our daily lives is exceeded only by the impact it is having on businesses. The responsibility for overseeing this change falls on the world’s CEOs and it will be their response and decisions that ultimately decide the fate of the businesses they lead. What skills and values are the Board of Directors looking out for in 2018?

In reviewing charities’ financial reporting requirements in Australia, New Zealand, United Kingdom, Hong Kong, Singapore, South Africa and Canada, AASB’s research found Australia has the most complex regulatory environment for charities.

A 56-year-old former Beaumaris tax agent was yesterday sentenced to five years’ jail for tax fraud, after pleading guilty to taking more than $4.1 million from […]

Having money helps, but economists are learning there are other things we need to feel happy, writes Gigi Foster. We’re often told that money can’t buy happiness. […]

Financial elder abuse, life savings lost through shonky investments – older people are high risk because they have more money just before retirement, on average, than at any other stage in their lives, says QUT PhD researcher Sylvain Hohn.

Mr Hohn, from QUT Business School, is investigating how older people make financial decisions and their preparedness for the potential financial risk posed by age-related cognitive decline.

“Financial decision-making is crucial for financial well-being and as we grow older, these decisions become even more vital,” Mr Hohn said.