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  • Blog
    April 22, 2020
    The COVID-19 pandemic has hit all industries, but it has put a real squeeze on the healthcare industry. This pandemic is pressuring healthcare providers from all sides, causing an increase in patients that require intensive care and ventilators, but also causing a constraint on revenues as most other departments halt and defer services to protect those patients and caregivers from becoming…
  • Blog
    April 23, 2020
    When Protiviti conducted a top risks survey among more than 1,000 executives and board members in the third quarter of 2019, few had imagined the risks they’d be facing today brought by the COVID-19 pandemic. More than half of the finance professionals who attended a recent webinar on creating an intelligent workplace said they never saw this type of disruption coming. Less then a quarter had a…
  • Blog
    April 23, 2020
    On April 21, the U.S. Senate approved legislation authorizing additional COVID-19-related funding, including $310 billion in supplemental funding for the Paycheck Protection Program (PPP). The U.S. House approved the legislation on April 23, and President Trump is expected to sign it tomorrow. The PPP funding program went live on April 3 and the initial tranche of $349 billion in available…
  • Blog
    March 29, 2021
    Stakeholders have long believed that effective assessments of a company’s performance and prospects require solid information on workforce costs and productivity, on how employees are hired, developed and managed, and other human capital factors. Agencies, governing bodies and investors have recently exerted pressure on a number of authorities worldwide to ensure more human capital information is…
  • Blog
    March 30, 2021
    One afternoon last week, Protiviti President and CEO Joe Tarantino welcomed more than 130 clients and friends of the firm to spend an afternoon with the members of Protiviti’s Advisory Board: Peter Henry, Fran Townsend, Evelyn Dilsaver and Susan Molinari. The afternoon included a panel discussion with all the Advisory Board members followed by fireside chats with individual members of the board.…
  • Blog
    March 31, 2021
    2020 was certainly a year for change in so many ways, not the least of which was companies adapting their internal controls to the stay-at-home orders resulting from the COVID-19 pandemic. Now, as many are considering bringing people back to the office at least part time, the internal controls environment is up for yet another change. Protiviti’s SOX Champions Network, a global network of…
  • Blog
    April 1, 2021
    Historically, the oil and gas (O&G) industry has proven to be nothing if not resilient. However, the COVID-19 disruption has tested the mettle of even the largest and most dynamic companies in the sector, and leaders at many O&G companies in the United States already see that 2021 is full of more challenges to come. Factors shaping that view include uncertainty stemming from the…
  • Blog
    April 6, 2021
    The compliance requirements for airlines participating in the payroll support and loan programs initially instituted under the CARES Act in the United States continue to increase in volume and complexity with the passage of the American Rescue Plan Act of 2021. Like previous emergency funding packages, the $14 billion of direct aid for payroll support comes with many restrictions, and airlines…
  • Blog
    April 8, 2021
    In a blog earlier this year, we noted the increasing prevalence of special purpose acquisition companies, or SPACs, as an alternative IPO vehicle, and we shared our expectation that more regulatory scrutiny and statements on SPACs were likely to follow pronouncements already issued. The Securities and Exchange Commission (SEC) did not disappoint. On March 31, 2021, the SEC’s Division of…
  • Blog
    April 9, 2021
    Amid the rollout of COVID-19 vaccines and a decline in new coronavirus cases, firms have escalated discussions around returning employees to the workplace safely and smoothly. In the technology industry, planning and preparing for this eventuality have been going on for many months, particularly within the fast-growing software ecosystem. Many firms are itching to reunite product developers and…
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