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Aug 31, 2022
by in Industry News, Tips

COMPLIANCE RISK ASSESSMENT

Compliance risk is your organization’s exposure to the potential consequences for non-compliance. That is, if the business isn’t meeting its regulatory compliance obligations, what sanctions might regulators impose on you? Those sanctions can include monetary penalties, disgorgement of profits gained from improper business conduct, or corrective actions that might be expensive to implement. You would […]

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Aug 25, 2022
by in Industry News, Tips

WHY AUDIT?

The importance of auditing cannot be over discussed. A good auditor is not only able to clear your issues quickly, but also helps you improve your company. Although the main reasons for a financial audit have to do with business and legalities, you shouldn’t forget the psychological aspect that is very important when dealing with […]

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May 12, 2022
by in Industry News, Tips

Financial Reporting

Managing financial disclosures continues to be a concern for public and large private companies and they are being affected by SEC requirements. Finance leaders are concerned about complying with reporting requirements and ensuring proper documentation, recording, and reporting for audits. Ladlas Prince is here to help you with a professional and adequate Financial Report. Additionally, […]

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May 11, 2022
by in Industry News, Tips

Inventory Management

Inventory is a necessary evil that every organization would have to maintain for various purposes like to ensure there is enough stock on hand and to identify when there’s a shortage.Excess inventory leads to poor quality goods and degradation which results in loss of revenue. Products depreciate over time and lose their initial value, While […]

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Jan 18, 2022
by in Industry News, Tips

The CIA Triad

Confidentiality, Integrity, and availability is the base from which major assurance and security policies and mechanisms concept has emerged. In other words, each of the safeguard directions are configured to ensure one or more of the CIA components. Therefore, in events of a data breach, data leak or any other security accidents you can be […]

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Aug 06, 2021
by in Industry News, Tips

DUMB BUSINESSES

The state of being dumb (either mute or dim-witted), that is, of not communicating vocally, whether from selective mutism (refusal to speak) or from an inability to speak. Your business is definitely in this state if it has no financial statements or an incomprehensible one! At Ladlas Prince we get you going about speaking the […]

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