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Best Practices

The Burgos Group Consulting

A Professional Services Firm

Empowering Banking Towards A Brighter Future.

And Committed Towards Adding Value for Our Clients.

The Burgos Group

Miami Florida  33133

Phone:  (786) 208-1710

Fax:  (305) 856-1710



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Text Box:
Text Box: The Burgos Group Consulting
Miami Florida  33133
Phone:  (786) 208-1710
Email:   Webmaster@TheBurgosGroup.Com
Text Box: The Burgos Group web site may contain links to other web sites operated by third parties. The linked sites are not under the control of The Burgos Group or its affiliates or subsidiaries and The Burgos Group is not responsible for their content. Such links do not imply The Burgos Group's endorsement or guarantee of the products, information, or recommendations provided by any third party site. The third party site may have a privacy policy different from that of The Burgos Group and may provide less security than The Burgos Group web site. The Burgos Group disclaims all liability with regard to your access to such linked web sites. The Burgos Group provides links to other sites as a service to users, and access to any other sites linked to The Burgos Group is at your own risk.

Copyright © 2016 The Burgos Group, Inc  All Rights Reserved

This website was last updated

Sunday, March 10, 2019


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Text Box: Setting Goals With Peak Performance In Mind
Best practices are the means by which leading organizations achieve peak performance, and they serve as goals for other organizations striving for competitive advantage.  They provide positive, credible examples of how today’s companies succeed in the processes critical to their business success.  Best practices are practices from top performers from within the industry.  They allow managers to take the best of what other companies have achieved and apply those same principles to affect positive change.
Integration Into Methodology
Companies seeking to identify and close performance gaps use best practices diagnostic benchmarking tools to identify inefficiencies and implement these same best practices to find solutions.  Adapting best practices to specific needs dramatically affects performance, leading to breakthroughs that save time, improve quality, lower costs, and increase revenue.
Known Sources of Best Practices
Best practices have been identified through a process spanning many years of dealing with expert peer organizations, industry associations, regulatory agencies and client experiences.  We focus on finding ways to of conducting business that provides measureable improvement in a company’s performance.  Only those practices that lead to breakthrough performance become part of the BG Best Practices knowledge base.


Best practices are identified and implemented whenever applicable.  These best practices for the most part generally include any one or all of the following:
Business rationale for applying the practice.
Action steps to consider for implementation based upon real company examples.
References to professional associations, regulatory information, or other helpful resources.
Key performance measures typically identified with the practice.
A self assessment or cost-benefit tool to help refine our focus.

The Burgos Group

¨ American Institute of Certified Public Accountants    (AICPA)

¨ Generally Accepted Accounting Principles (GAAP)

¨ Basel Committee on Banking Supervision (BCBS)

¨ Financial Management Society (FMS)

¨ Information Systems Audit & Control Association (ISACA)

¨ Control Objectives for Information & Related Technologies (COBIT)

¨ Certified Financial Analyst (CFA)

¨ Investment Management Consultants Association (IMCA)

¨ Global Association of Risk Professionals (GARP)

¨ Committee of Sponsoring Organizations of the Treadway Commission (COSO)

¨ Institute of Management Consultants (IMC)

¨ Federal Financial Institutions Examination Council (FFIEC)