news_risk.html - Association for Financial Professionals

Should Treasury Lead ERM? Practitioners Weigh Pros and ConsLast week at the CTC Corporate Treasurers Forum a question arose: Should treasurers lead the enterprise risk management function instead of the internal audit group? Not surprisingly, a spirited debate followed.
AFP Fraudwatch: Essential Controls for Treasury, FinanceWith payments fraud running rampant, a recent AFP webinar held by a treasury executive provided especially timely advice. Effective internal controls include exception processing, activity specific accounts and more.
6 Tips Treasurers Can Use to Reduce Payment Vendor RiskPayments vendors will claim they are PCI compliant. But smart treasury and finance professionals shouldn't take their word for it.
Murky Outlook: Treasurers Not Taking on RiskAlthough the recent AFP Corporate Cash Indicators™ suggests that corporate treasurers have become more willing to spend some of their excess cash, many do not anticipate a large uptick in spending on capital investments for some time. Treasurers at a recent roundtable in New York co-hosted by BlackRock and the AFP Corporate Treasurers Council indicated they are still very hesitant to take on more risk and spend more money.
AFP Fraudwatch: New Payment Channels Threaten Corporate CashThis week, the recent decrease in fraud incidents might be an indication that fraud is evolving, and moving to a new payments channel. Also, what do recent cybersecurity initiatives by the government mean for corporates?