Important Risk Meetings
Norman Marks argues that the most critical risk meetings are the everyday decision‑making gatherings, not formal risk‑officer briefings. He cites procurement, hiring, and national‑security deliberations as examples where risk is implicitly evaluated. The piece urges organizations to embed risk expertise in these forums and to verify that decision‑makers have reliable risk data. Ultimately, risk management should be woven into every choice rather than isolated in periodic risk‑review sessions.
Counterparty Risk in Silver Exposed
The episode examines the recent price dynamics of precious metals, noting gold's steady rise to $4,606 and silver's rapid surge to $90.75, driven by heightened open interest on the COMEX. It highlights the emerging counterparty risk in the silver market,...
Subscriber Update on Block Inc. 2032s
The episode breaks down Block, Inc.'s latest credit outlook, highlighting a dramatic shift from a shaky to a durable balance sheet and a clear path to achieving the Rule of 40 by 2026. Q3 2025 results show 18% YoY gross...
Annual FP&A Market Positioning Effectiveness Assessment
Lawson Abinanti’s annual FP&A market positioning assessment reveals that 12 of 21 leading vendors fail to differentiate their messaging, sharing identical positioning statements with competitors. Three vendors also miss the mark on a credible “transform” claim, offering generic capabilities instead...
Let’s Use AI Effectively in Our Internal Audit Practice
The article argues that internal audit functions should adopt AI not because they risk obsolescence, but because AI can automate low‑value, high‑intensity tasks and free auditors for strategic work. It references AuditBoard and KPMG’s 12 AI use cases, ranging from...
Refinancing Into Deterioration
The episode dissects Molson Coors' looming $2.4 billion refinancing challenge amid a sharp operational downturn, highlighted by an 11.9% drop in pretax income, a $3.6 billion goodwill impairment, and rising net leverage to 2.28x. Volume shrinkage—especially in the economy and flavored‑alcohol segments—combined...
Accounting Revolution From Below
In this episode, Sebastian challenges the traditional top‑down approach to accounting standardization, arguing that policies alone rarely change frontline behavior. He proposes a bottom‑up model centered on a voluntary Monthly Accounting Excellence Roundtable, where cross‑regional finance teams share real‑world problems,...
Are Plaintiff Attorneys' Fee Awards in the Delaware Chancery Court Excessive? Part IV
In this episode, the host revisits the ongoing debate about plaintiff attorney fee awards in the Delaware Court of Chancery, focusing on the new empirical study "Is Delaware Different? Stockholder Lawyering in the Court of Chancery" by Stephen J. Choi,...
Survey Finds Optimism on Growth in 2026 Despite Cyber and Tech Risks
A new Protiviti and NC State ERM survey of over 1,500 global executives reveals strong optimism about revenue growth through 2026, with nearly 70% seeing significant opportunities despite ongoing economic, geopolitical, and technological turbulence. Leaders are shifting from risk avoidance...
Should We Audit Organizational Culture or Behavior?
The IIA’s new Topical Requirement outlines what an organizational‑behavior audit could include, but it does not make such audits mandatory. Norman Marks argues that a standalone audit of culture or behavior is rarely appropriate, recommending instead a risk‑based approach that...
Sleeping Giants
The administration is signaling a willingness to enlist government‑sponsored enterprises (GSEs) such as Fannie Mae and Freddie Mac in its effort to push mortgage rates lower. After the 2008 crisis, the GSEs’ mortgage holdings shrank dramatically, but policymakers see an...