Learn about model risk, its causes, management strategies, and real-world examples from financial industry pitfalls. Unlock insights to reduce risk and enhance decision-making.

A business model in essence is a description of the results the business wants to achieve, and how the business intends to achieve those results. Most business models are financial accounting models ...

As businesses develop, they look for ways to conduct business as efficiently as possible. One option that contributes to business efficiency in many instances is use of an industry standard model.