This is from the "Accounting Makes Cents" podcast episode #121 released on Monday, 7 September 2026. Picture this. Your company signs a five-year lease on a warehouse. Eighteen months in, the market shifts, demand disappears, and you're stuck paying rent on a building you don't really need anymore. There's no way out except to keep … Continue reading Onerous Contracts Bite Back
Tag: Risk management
Data Governance: When the System Works Too Well
This is from the "Accounting Makes Cents" podcast episode #120 released on Monday, 24 August 2026. Today we begin the final episode of our three-part series unpacking the strategic lessons from our spotlight case study on the Pizza Hut lawsuit. In our first two episodes, we explored how KPI targets can lead to goal incongruence, … Continue reading Data Governance: When the System Works Too Well
The Role of Internal Audit – Why We Dread It but Need It
This is from the "Accounting Makes Cents" podcast episode #70 released on Monday, 29 July 2024. In this episode, we explore why internal audits are crucial for any company's success, how they help in managing risks, ensuring compliance, and improving overall efficiency. We also delve into the COSO framework, which provides a structured approach to … Continue reading The Role of Internal Audit – Why We Dread It but Need It
TARA with a Chance of Rain
This should come as no surprise. All companies face risks. I think we'd be hard-pressed to find a business operation that has not encountered uncertainty in any of its activities. I think it's very natural to associate uncertainty as a bad thing. But the truth of the matter is, not all risks are bad. There are … Continue reading TARA with a Chance of Rain