Results for Search Submit Filter by: Advanced Filter All results Solutions Industry Typelist People Client Story Insights/Blogs Filter Search Sort by RelevanceDate Order AscDesc Blog August 1, 2019 FASB Proposes Delaying New Lease Standards for Private Companies, But There’s No Time to Waste At the start of 2019, the implementation deadline for the Financial Accounting Standards Board’s (FASB) new lease accounting standard passed for most public companies. FASB has proposed postponing the effective date for privately held organizations to the beginning of 2021, but the pressure remains on those organizations that have been struggling to meet the deadline. A survey of… Blog August 5, 2019 Compliance 2.0: Transforming SOX Practices With Technology Organizations have been getting better and more efficient at Sarbanes-Oxley (SOX) compliance practices for the past 17 years since SOX was implemented. Nonetheless, with control counts rising and external auditor expectations increasing, compliance hours are growing, too. The results of Protiviti’s 2019 Sarbanes-Oxley Compliance Survey suggest that while a reduction in hours is still possible,… Blog August 8, 2019 RPA or AI? To Achieve Most Automation Goals, You Need Both Discussions of robotic process automation (RPA) and artificial intelligence (AI) tend to follow separate tracks. This has been a function of the way these technologies have been marketed and sold. This is changing as companies realize that both RPA and AI are required to achieve any significant degree of end-to-end process automation. For example, even a company that is not ready to delegate… Blog August 13, 2019 CECL – A Regulators’ Perspective In July, we had the pleasure of hosting a panel discussion with financial regulators in Protiviti’s San Francisco office. The discussion was attended by representatives from 25 banks and financial institutions, including Bank of the West, Charles Schwab, First Republic, MUFG and Wells Fargo. The panelists were Robert Coleman, Regional Accountant from the Federal Deposit Insurance Corporation (… Blog August 21, 2019 Panel Discussion on FAIR Methodology Sparks Lively Interest: Key Takeaways At the most recent meeting of the San Francisco Bay Area Chapter of the FAIR Institute, a group of local practitioners, analysts and C-level executives gathered for a panel discussion on the Factor Analysis of Information Risk (FAIR) methodology. The discussion was hosted by Protiviti, which recently joined the FAIR Institute community as a Founding Sponsor in Advisory Services. We have… Blog August 22, 2019 FDIC and OCC Approve Volcker Rule Overhaul, Easing Restrictions on Bank Trading Activities On August 20, the Federal Deposit Insurance Corporation (FDIC) and the Office of the Comptroller of the Currency (OCC) approved a set of changes to the Volcker Rule’s proprietary trading and compliance provisions. The other three Volcker Rule agencies – the Federal Reserve, the Securities & Exchange Commission and the Commodity Futures Trading Commission – have yet to approve the changes but… Blog August 23, 2019 Ethical AI – The Good, the Bad, and the Moral Imperative Artificial intelligence (AI) is revolutionizing the way companies do business. It is helping companies improve decision making, increase customer retention, bring new products to market more quickly, and experience exponential growth. A global Protiviti study found that companies leading the way with advanced AI are seeing a real competitive advantage. As AI becomes integrated into how we do… Blog August 26, 2019 Cybersecurity: The Other Side of Data-Driven Customer Experience Which of these statements is true? “Customers love when retailers provide them with a better shopping experience. Online, customers value the convenience of buying and shipping merchandise with a few clicks; personalized cross-selling and upselling features seem to read their minds. In stores, customers enjoy generous return policies enabled by retailers’ records of their past transactions… Blog August 28, 2019 The U.S.-China Trade War: What It Means for Manufacturers During his presidential campaign, Donald Trump promised to reduce U.S. trade deficits with China and address China’s perceived unfair trade practices. The two countries have been at odds over trade for more than a year. After months of threats, the Trump administration imposed a variety of tariffs on Chinese industrial and consumer products. China responded with retaliatory tariffs on an… Blog September 3, 2019 Better Together: CFOs Reveal the Challenges That a Blended Team of Experts Helped Them Overcome Protiviti and Robert Half frequently host summits with our clients to understand their views on various topics. We very much value our clients’ time, and these forums provide us an opportunity to listen to and learn from those we service. At a recent gathering in San Francisco, we organized a similar panel of chief financial officers (CFOs). This post is the first of a three-part series to share… Load More