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 February 6, 2019 Chief Risk Officers on the 2019 Risk Landscape: Keep Calm, Carry On We’ve all heard the cautionary tales: Blockbuster, Kodak, Borders – the market leaders that couldn’t keep pace with disruptive innovation and so became history. The risk of falling behind – in technology, talent or innovation – is the waking nightmare of corporate boards of directors and executives across the C-suite. It is the full-time job of chief risk officers (CROs) to make sure that… Blog February 7, 2019 Insurance Accounting Changes Are Coming Globally, and a Coordinated Approach Is Best Most public companies have already switched to the new revenue recognition standards and have moved on to the implementation of new lease accounting rules. Private companies, which were given a year longer to prepare, are close on their heels. Financial institutions are working out the kinks in complying with new rules on current expected credit losses (CECL). And now insurance companies, which… Blog August 7, 2018 Managed Services Can Help Emerging Tech Firms Scale for Growth and Maintain Momentum Growth is the goal for emerging technology companies. When it happens fast, however, it can be challenging for these businesses to manage that change and to scale, especially in back-office areas like accounting, finance and IT. Setting up or optimizing core functions with labor-intensive processes is about the last thing business leadership wants to think about as they’re focusing on generating… Blog August 8, 2018 The Financial Crisis of 2008 – May We Never Forget the Lessons Learned The subprime lending crisis of 2008, which led to significant distress in the financial markets, was a disaster of mega proportions. Its root causes are many, making it systemic in nature as opposed to a one-off situation in a specific company. Loan originators brokered financing of houses without regard to credit quality so they could get their up-front fees, take a walk and leave the inevitable… Blog August 9, 2018 New Survey by Protiviti Measures SOX Automation, Costs, Hours and More According to Protiviti's 2018 Sarbanes-Oxley (SOX) Compliance Survey, released today, most companies are not taking advantage of available tools and technology, such as automated controls and testing and robotic process automation (RPA), to reduce the time and cost expended to achieve SOX compliance. Less than one-third of organizations are using technology tools such as automated process… Blog August 14, 2018 New Small-Dollar Lending Guidelines and Tenants' Rights in Foreclosures: Listen to Our Podcast In the podcast below, Protiviti Risk and Compliance experts Steven Stachowicz and Tom Giltrow elaborate on two of the topics of the July issue of Protiviti's Compliance Insights newsletter – the OCC's new guidance on short-term, small-dollar loans and the restoration by Congress of certain tenant protection provisions in foreclosure situations. The full newsletter, which includes additional… Blog August 15, 2018 Preparing for the Acquisition Your CEO Hasn’t Announced Yet: Three Actions to Take Now More than halfway through 2018, we see corporations generally enjoying an influx of cash and improved business conditions, and benefitting from new tax laws. These trends are helping make 2018 one of the strongest years for mergers and acquisitions (M&A) in history, with current M&A activity 50 percent above the 2017 pace. What does that mean for finance and accounting leaders? These… Blog August 17, 2018 FASB Issues Improvements to the New Lease Accounting Standard On July 30, 2018, the Financial Accounting Standards Board (FASB) issued ASU No. 2018-11, a long-awaited – but expected – update to pending changes in lease accounting standards, intended to reduce implementation costs and burden. The update provides a new, simplified transition method (relief that has been on the FASB agenda since the end of 2017) and a practical expedient to separating contract… Blog August 23, 2018 California Adopted a GDPR-like Privacy Law: What Does It Mean for You? Organizations worldwide are already feeling the impact of the General Data Protection Regulation (GDPR) that went into effect in the European Union on May 25, 2018. As a result of that and other regulations as well as recent privacy related-events, data privacy and security issues remain top-of-mind concerns for businesses and consumers. Now, California has upped the ante with the passage of the… Blog August 24, 2018 2018 SOX Survey: Benchmarking Compliance Costs Sarbanes-Oxley (SOX) compliance costs are a top concern for executives and compliance leaders who continue to look for ways to both reduce costs and derive strategic value from their investment in compliance activities. Emerging practices, such as automated controls testing and robotic process automation (RPA), show promise in the long run for reducing these costs. Current results vary widely,… Load More
