Budgeting is never an exact science – we can’t predict the future. But we can plan for certain events and take steps to mitigate the damage, by having the appropriate budget, allocated to the right areas. ECM asks the experts what areas should budgets conversations focus on today. Imagine the budget discussion in your company the year after it was fined US$500,000 by The Office of Foreign Assets Control (“OFAC”), and required to submit to four years of external monitoring, all becaus...
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