In 2009 in the period immediately following the global financial crisis, University Colleges Australia (then AHAUCHI) held a breakthrough conference on the future of educational spaces and the role of colleges in Australia. It was an impressive program that brought together different voices and perspectives. A handful of speakers were interviewed ahead of the conference […]
Tag: strategic risk
The Davies Report – Summer 2018
Note: This is a cut down version of our subscriber-only newsletter. The full newsletter contains exclusive content. If you’d like to receive the full edition please follow the prompts at the end of this page. What we’ve been up to lately 2018 has been a very big year for us. It has been a year […]
Davies Report Bumper Edition – July 2015
Thanks for taking time to open our infrequent newsletter and our apologies for the long period between editions. There are a number of issues and trends that are hot in the risk and assurance space which we wanted to make you aware of. 1. New requirements kick in for listed companies (Principle 7)2. Updated audit […]
July 2014 Newsletter
Optimise your governance, risk and assurance. Get it humming. Current trends During this quarter we’ve been working around Australia across the private, government and not for profit sectors. Four key themes have come up for us in recent months. 1. Disruption (strategic risk) 2. Risk appetite 3. Assurance frameworks 4. Stakeholder alignment 1. Disruption (Strategic risk) “Operational risk […]
Our take on the recent changes to the IIA Standards (free white paper)
Video: What you need to know about the changes in 90 seconds.This month the Institute of Internal Auditors (IIA) released their latest revisions to their global standards. These standards come into effect from 1 January 2013. Much has been written about these changes, making it difficult to determine what’s really important, if anything. At first […]
Failing to keep pace with change – the biggest risk of all
If you compare today’s stock exchange list with the same list from 10 years ago, you’ll see some big players missing. Some collapsed. Some lost relevance. Some lost value, and were gobbled up before their market value could be regained. The single thread in nearly all of these cases is simple — the conditions changed […]
Strategic Risk Management?
Opinion I’ve been deleting the word strategic from a lot of documents lately. And it’s assisting immensely. You see I’ve got this idea that the more times a person uses the word strategic, the more likely it is that the person is puffing or bluffing. In the risk and assurance space using the word strategic […]
Black Swans, Turkeys, Ostriches and other Christmas Poultry – a tale of Strategic Risk
A festive story about a quest to find the elusive black swans As the global financial crisis (GFC) was starting to stabilise in Australia I talked to some of my peers to find out what was going through the minds of Australia’s prominent directors and what questions were coming up in their audit and risk […]