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Risk Management: Events are Risky Business 

SmartMeetings

Weighted risk tracking helps manage real contingency requirements We all plan events months in advance, years in advance, or maybe even, days in advance. Because of that not only do our risk management plans need to be well-thought out but so do our finances to cover those risks. Turns out there is.

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Is an Association Management Company the Right Choice for your Association Financially?

StraussCA

As the accounting manager for an association management company (AMC), I deal with various types of accounting issues, software, financial questions, concerns, you name it! There are many benefits to having an AMC manage an association’s finances and here are five that go beyond just debits and credits.

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The Difference Between Financial and Management Accounting, and Why Should an Association Leader Know This

StraussCA

Association management has two primary areas of accounting that are highly important: financial and managerial accounting. Read more about the duties of a board of directors and financial management in this article written by my colleague. Association leaders do not have to be experts in financial management.

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A Deep Dive into Internal Controls for Associations

StraussCA

The Significance of Internal Controls in Associations Internal controls serve as a cornerstone of governance and risk management within association management companies. By establishing comprehensive control frameworks, associations can mitigate risks, enhance efficiency, and instill confidence among their members.

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HEINEKEN’s Magne Setnes: Resiliency, Risk Management, and “The Swiss Army Knife” CSCO

Management Events

As the Chief Supply Chain Officer for HEINEKEN , Magne Setnes shares with us his insights on why resiliency and financial understanding need to be the priority for organizations today and why being a “Swiss Army Knife” is necessary for a modern CSCO. Tackling supply chain risk management and initiating change in operating models.

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Preparation is the Key to Risk Management

Smart Meetings

Risk management is a dedicated preparedness rather than simply a mental exercise, according to Lisa Sommer Devlin, the most recent Smart Meetings webinar host. In her talk, “Risk Management 101,” she outlined strategies for dealing with the risks of the industry, as well as how to actively avoid them.

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Financial Meeting Planners Face Special Challenges During Crises

SmartMeetings

When the going gets tough, the tough cut costs—at least in the financial and insurance conference sector, where budgets often are more likely to come under the scrutiny of regulators. More : Budget Financial Meetings: Doing More with Less. Risk management is a team challenge and should be approached from every angle.”.