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 July 27, 2017 Partnering for CAE Success: Building the Audit Committee Relationship There’s a lot of talk these days about what’s important for CAEs to be doing and why. It’s always useful to exchange sound practical advice on how to do what needs to be done. So it was gratifying for me to be participate in a recent MIS Training Institute Masters Program dedicated to providing real world solutions through peer-to-peer discussion on many of the issues raised by audit committee… Blog July 28, 2017 SEC Clarifies Revenue and Lease Deadlines for Private Entities Included in Public Filings With transition deadlines fast approaching on new revenue recognition and lease accounting rules from the Financial Accounting Standards Board (FASB), the Securities and Exchange Commission (SEC) has opted to clarify some confusion among certain private businesses regarding their specific deadlines for the new standard. One specific area that was unclear was the deadline for private companies… Blog July 31, 2017 GDPR: Strict New EU Data Privacy Rules Have Global Reach European regulators are giving individuals new rights to control how their personal data is used. A new law, the General Data Protection Regulation (GDPR), scheduled to become effective May 25, 2018, is the most important change in data regulation to come from European Union (EU) regulators in 20 years. It introduces strict new rules for the protection of the personal data of EU citizens, and… Blog August 2, 2017 AI in AML, Consumer Protection Developments Discussed in Protiviti's Latest Compliance Insights Podcast (Now Available) Christine Bucy of Protiviti's Risk and Compliance practice joins Steven Stachowicz in this latest podcast to discuss the next frontier in AML compliance — artificial intelligence. Also hear Steven's take on the latest in consumer protection activity from the Consumer Financial Protection Bureau. This discussion is in addition to what you'll find in the complete July issue of Compliance… 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… Load More