Crisis Management

A recent study said that the Great Recession caused not just economic pain but long term physical pain in certain individuals as well, an effect that persists well into the present day.

A study found that when a company has bad news, it issues unrelated press releases on the same day it files with the SEC.

British researchers say they have developed an AI tool that calculates whether it would be worth it to bail out a failing bank.

A record number of CFOs in S&P 500 companies stepped down last year, partly due to the turmoil facing their companies from the coronavirus pandemic.

The coronavirus pandemic has hit revenues at most companies around the world, but almost none of them feel that they're lagging behind their competitors.

Internal auditors are facing risks during the COVID-19 pandemic in business continuity, crisis management, cybersecurity and other areas, according to a new report.

With economic uncertainty, a pandemic, and concerns around race and equity topping daily headlines, existing initiatives to transform and innovate across people, processes and technology have become more amplified.

The COVID-19 pandemic has highlighted the need to have a business continuity and disaster recovery plan and a pandemic plan in place.

Highs, lows, curveballs and surprises are routine for every business, including accounting firms. Pandemics, however, are not routine (thankfully!). This crisis tests and provokes us all to the extreme.

The Bonadio Group, a Top 100 Firm based in Rochester, New York, began returning to its offices this week as the stay-at-home order to combat the spread of the coronavirus was lifted in some parts of the state.

Every firm and many businesses are going through a crisis like none that anyone could foresee, or one that any of us have had to ever navigate before.

As companies are evaluating continued operations, balancing profits with acceptable levels of loss, functioning with massively more remote work and trying to make up for economic disruptions, the first thought tends to be “How can we cut costs?”

Accounting firms that manage people, performance and profitability will have the insights and resources to prepare for threats and opportunities.

Financial execs can provide critical reassurance and information through proactive communication.

High Rock Accounting provides clients with cash flow assistance and guidance. But what happens when a firm needs the same assistance?

A recent webcast urged businesses to focus on potential upsides and customer/employee engagement amid the coronavirus outbreak.

With the storm threatening to hit the state of Florida after passing through parts of Puerto Rico and the Virgin Islands, the IRS sent a reminder Thursday.

The Top 100 Firm is adding a practice that specializes in customs and international trade regulation, and one that handles crisis management and business continuity.

As Hurricane Florence barrels toward the East Coast, it's worth looking at these simple steps.

While it cannot guarantee any negative publicity will result from an issue, it can help to manage the situation and minimize the reputational damage.