Nevada Department of Business and Industry

Coursera Reports Third Quarter 2023 Financial Results

Retrieved on: 
Thursday, October 26, 2023
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Coursera, Inc. (NYSE: COUR) today announced financial results for its third quarter ended September 30, 2023.

Key Points: 
  • Coursera, Inc. (NYSE: COUR) today announced financial results for its third quarter ended September 30, 2023.
  • For more information regarding the non-GAAP financial measures discussed in this press release, please see "Non-GAAP Financial Measures" and "Reconciliation of GAAP to Non-GAAP Financial Measures" below.
  • We have provided a reconciliation of GAAP to non-GAAP financial measures in the financial statement tables for our historical non-GAAP financial results included in this press release.
  • As previously announced, Coursera will hold a conference call to discuss its third quarter 2023 performance today, October 26, 2023, at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time).

AICPA and North Carolina State University Report Reveals Risk Management Processes in U.S. Organizations Continue to be Outpaced by Growing Risks

Retrieved on: 
Tuesday, July 11, 2023
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NEW YORK, July 11, 2023 /PRNewswire/ -- A new report issued today by the Association of International Certified Professional Accountants representing AICPA & CIMA and North Carolina State University's Enterprise Risk Management (ERM) Initiative found that 65% of senior finance leaders agree that the volume and complexity of corporate risks have changed "mostly" or "extensively" over the last five years. Despite this, only a third (34%) say their organizations have complete enterprise risk management (ERM) processes in place, and just over a quarter (29%) rate their organization's overall risk management oversight as "mature" or "robust." These findings are unchanged from a year ago.

Key Points: 
  • Despite this, only a third (34%) say their organizations have complete enterprise risk management (ERM) processes in place, and just over a quarter (29%) rate their organization's overall risk management oversight as "mature" or "robust."
  • Despite these unfolding realities, most organizations continue to not have robust enterprise risk management (ERM) practices in place.
  • The survey measured finance-related executives' assessments of the level of maturity in their organization's proactive management of these risks through adoption of ERM processes.
  • Additional key findings from the report include:
    Most executives do not believe their organization's risk management processes provide strategic advantage (64% state no or minimal advantage), with less than half (40%) positioning risk management significantly to pinpoint emerging strategic risks.