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A collection of Protiviti blogs. 

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October 28, 2024

New sustainability reporting law in Australia should prompt fresh look at COSO’s internal control framework

Sustainability reporting is now law.  On 9 September 2024, the Australian Parliament passed The Australian sustainability reporting regulation into law. The first reports by the largest in-scope entities are due in 2026, for reporting periods beginning 1 January 2025.
The rise of Artificial Intelligence (AI) has fundamentally transformed the landscape of fraud detection, presenting unprecedented challenges and opportunities for businesses across industries.
Businesses are excited about the transformative potential of artificial intelligence (AI) to innovate and enhance business models, customer insights, products, and processes. Alongside this potential, there is a growing need to identify and mitigate risk associated with AI technologies. CIOs, in particular, are exploring how to ensure the responsible design and use of AI and their roles in managing legal, regulatory…
The emergence of generative AI (GenAI) promises transformative impacts across all areas of an organisation, including enterprise architecture. Since generative AI debuted in the public spotlight with ChatGPT in November 2022, organisations are eagerly exploring use cases on how this technology can enhance employee productivity and drive revenue growth. 
As the wheel of digital transformation continues to turn, it brings with it profound changes across a myriad of industries. Perhaps none so much as in the finance function, which finds itself on the cusp of a new era defined by artificial intelligence (AI)-driven efficiency tools.
Sustainability reporting is now law.  On 9 September 2024, the Australian Parliament passed The Australian sustainability reporting regulation into law. The first reports by the largest in-scope entities are due in 2026, for reporting periods beginning 1 January 2025.
Adapting new technologies to manufacturing applications and processes is often a challenge – and, particularly with AI, there is no easy button to push.
The U.K. Online Safety Act (OSA) is part of a suite of new online-safety and consumer-protection regulations aimed at safeguarding users from harmful content on digital platforms. Its implementation is planned in three phases from 2025 to 2026.
Technology audit functions are navigating a dynamic business landscape that is being shaped continually by exponential growth in technologies like generative AI and the concurrent emergence of new security, privacy and data-related challenges.
From personal digital assistants to autonomous vehicles, artificial intelligence (AI) is revolutionising how we interact with technology and each other. Amidst this landscape, Microsoft Copilot and Open AI’s ChatGPT stand at the forefront, harnessing transformative technologies such as Generative Pretrained Transformers (GPT) and Large Language Models (LLM). 
As a leader about to undertake an ERP transformation, it is important to remember that these projects rarely go as planned. Like a house remodel, there will be hidden costs to be addressed throughout the implementation.  Whether it be that design tastes (requirements) change, the costs unexpectedly increase or an unexpected labor shortage that increases the timeline, it is important to learn from the…
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