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 September 17, 2020 Hard Times Bring Out the Best in People – Well, Not Always Thankfully, the stories we have all heard about the selfless acts of so many people, from front-line workers to caring neighbors, during the pandemic greatly outweigh the reports about people who have sought to profit from the circumstances. But, as the growing number (more than 50 cases involving $175 million in funds) of Department of Justice (DoJ) prosecutions related to Paycheck Protection… Blog September 18, 2020 Counting on Cycle Counts? A Re-Think May Be in Order As anyone involved with inventory knows, cycle counts are a great way to stay on top of inventory throughout the year without the disruption and extensive cost of the annual physical count. By simply counting different classes of inventory at an agreed-upon rate – 2 or 3 times a year depending on cost and turnover rates – organizations are able to validate their inventory’s existence throughout… Blog September 21, 2020 High Stakes: Evolving Trade Rules Require Solid Third-Party Risk Management Of all the difficulties that the coronavirus pandemic has imposed on U.S. organizations, replacing offshore suppliers and vendors that have temporarily or permanently closed their doors ranks high on the list. Finding third parties that can meet quality, cost and delivery demands is challenging enough. But the failure to effectively vet the operations is becoming increasingly perilous amid the… Blog September 22, 2020 Provider Relief Fund — Post-Payment Reporting Requirements On September 19, 2020, the U.S. Department of Health and Human Services (HHS) released a notice related to post-payment reporting requirements for Provider Relief Fund (PRF) recipients who received payments of $10,000 or more in the aggregate. This notice is in support of the July 20, 2020, Post-Payment Notice of Reporting Requirements and provides the data elements that are… Blog September 23, 2020 The FinCEN Files: Where Is the News? There has been widespread media coverage of the release by the International Consortium of Investigative Journalists (ICIJ) of the so-called FinCEN Files earlier this month. In the world of anti-money laundering (AML), the ICIJ also made news in 2016 with the release of the Panama Papers and the Bahamas Leaks, both which exposed the dark side of offshore banking, a theme also addressed in the… Blog September 28, 2020 The FinCEN Files: What Can We Learn? “Never let a good crisis go to waste.” This quote by Winston Churchill has been used often as we all have struggled to deal with the effects of COVID-19. While the leak of the FinCEN Files pales in significance to COVID-19, it has proven to be a public relations crisis – unfairly in our view, as we said in our initial blog on this topic – for the banking industry. But, we may as well learn all we… Blog September 29, 2020 Excellence Starts at Home: Why CEOs Should Hold Functional Leaders Accountable for Serving Their Internal Customers Imagine a scenario where a company decides that it needs a proprietary app to better engage with customers. It hires an outside developer to create the app but the developer fails to deliver on time or as specified. The company isn’t able to drive the adoption of the app as planned, and in turn its projected growth and customer retention suffer. There is a strong dissatisfaction with the… Blog October 1, 2020 From Unprecedented Disruption, an Optimistic Vision for the Future How do you transform the internal audit function to serve the ever-changing landscape? That was the core question we at Protiviti aspired to answer through our interviews with internal audit leaders for Volume XVI of our Internal Auditing Around the World® profile series. We sought insight into how high-performing and forward-thinking internal audit teams are innovating and transforming… Blog October 9, 2020 PCAOB Issues Staff Update and Preview of 2019 Inspection Observations On October 8, 2020 the Public Company Accounting Oversight Board (PCAOB) published its Staff Update and Preview of 2019 Inspection Observations. In 2019, the PCAOB inspected approximately 175 audit firms and reviewed portions of roughly 710 public company audits in the United States and abroad. Through the inspections, the board identified potential areas of improvement for all firms and good… Blog October 14, 2020 Gone Phishing: Elaborate Scams Are on the Rise, Are You Smart Enough to Recognize Them? During cybersecurity awareness month, we are showcasing several podcasts on security and privacy issues. In this podcast, Protiviti Managing Director Michael Lyons shares a personal experience with, and an in-depth analysis of, a sophisticated phishing scam. How can companies protect themselves against increasingly elaborate phishing attempts and other malicious actions? Listen to the story at… Load More
