Results for Search Submit Filter by: Advanced Filter All results Solutions Industry Typelist People Client Story Insights/Blogs Sort by: Relevance Date Filter Search Sort by RelevanceDate Order AscDesc Blog August 8, 2017 Internal Audit’s Role Will Be Key in the GDPR Journey Over the next nine months, organizations will spend billions of dollars to comply with the General Data Protection Regulation, or GDPR — a European data protection and privacy regulation with the potential to be as disruptive to companies that conduct any kind of personal data exchange with the EU as the financial reforms created by the Sarbanes-Oxley Act were back in 2002. For starters, it is… Blog August 10, 2017 Transitioning to the New Revenue Recognition Standard Will Likely Be Harder Before It Gets Easier The new revenue recognition accounting standard from the Financial Accounting Standards Board (FASB) is going into effect for most public companies in their next fiscal year, and a year later for everyone else. This fast-approaching deadline explains the increased interest and focus on the standard in Sarbanes-Oxley initiatives. The focus also showed up more demonstrably in our 2017 SOX survey… Blog August 14, 2017 Trade, Populism and the Price of Progress: How Is Your Industry Adjusting? Even as technology makes the world smaller and more interconnected, the current rise of nationalism in Western countries reminds us that progress is rarely linear and disruption rarely without consequence. With the growing trend toward digitalization of supply chains and warehouses, the potential for cost-effective, efficient global trade has never been greater. At the same time, political… Blog August 16, 2017 Higher Costs, More Satisfaction, Unabated Interest – SOX Compliance Has It All Early this summer I participated in a webinar to discuss the results of Protiviti’s 2017 Sarbanes-Oxley (SOX) Compliance Survey, an annual look at how publicly traded companies are complying with the 2002 law. Protiviti began assessing SOX impact on company resources eight years ago, in addition to delineating how the law impacts organizations based on size, maturity and industry. Protiviti’s… Blog August 18, 2017 An Involved and Agile IT Audit Function Is Key to Cybersecurity Reports of corporate cybersecurity breaches in the news are becoming as routine as the weather report, and the global risk stemming from these threats has never been higher. In fact, there are growing and credible concerns that malicious hacking groups have begun a cyber war against companies. In the midst of this hostile cybercrime climate, the IT audit function has become critical to ensuring… Blog August 23, 2017 SOX Compliance: PCAOB Inspections Drive Change in External Audits What a difference a year makes. Since the Public Company Accounting Oversight Board (PCAOB) began publishing inspection reports on external auditors, Protiviti has been measuring the effect of those reports on Sarbanes-Oxley (SOX) compliance activities in our annual SOX Compliance Survey. In our most recent survey, we asked companies that experienced significant changes to SOX compliance… Blog August 28, 2017 CFPB Final Rule on Arbitration, OCC Top Priorities, Virtual Currency Fines and Amended TRID Rule Featured in This Month's Compliance Insights Protiviti published the August issue of Compliance Insights last week. In the podcast below, Managing Director Steven Stachowicz discusses two of the topics in this month's newsletter: the much anticipated — and now final — arbitration rule by CFPB, and compliance risk management as highlighted in the OCC's Semiannual Risk Perspective. Download the free newsletter for the full set of compliance… Blog May 11, 2016 Financial Institutions Alert: New Credit Impairment Models Coming Soon The global financial crisis highlighted a number of weaknesses in the banking systems in the United States and Europe – among them, the way financial firms report their credit losses for loans and other financial instruments. Under existing models, based on Generally Accepted Accounting Principles (GAAP) in the U. S. and the International Financial Reporting Standards (IFRS) in other… Blog May 16, 2016 Relationships and Risks: A Closer Look at the CBOK Survey May is International Internal Audit Awareness Month. We are celebrating with a series of blog posts focused on internal audit topics and the daily challenges and future of the internal audit profession. I recently had the honor of hosting a webinar with The Institute of Internal Auditors on the 2016 CBOK Stakeholders Study and the evolving role of internal auditors beyond… Blog May 19, 2016 Going Beyond Assurance May is International Internal Audit Awareness Month. We are celebrating with a series of blog posts focused on internal audit topics and the daily challenges and future of the internal audit profession. In my last post, I gave a high-level summary of the North American results of the The IIA’s 2016 CBOK Stakeholder Study, as presented in an April 6th webinar I hosted. This… Load More