Insight Search Search Submit Sort by: Relevance Date Search Sort by RelevanceDate Order AscDesc Newsletter April 24, 2021 Setting the 2021 Audit Committee Agenda Protiviti’s recent webinar was attended by over 250 participants, including Board & Audit Committee Members, Chief Audit Executives, C-suite executives and other Management levels across different industries in the MENA region. Protiviti had carried out a recent study to obtain insights from various Board & Audit Committee members on the mandate of the Audit Committee in 2021, which was… Survey February 14, 2023 Top Risks Webinar Question Guide Responses to Selected Questions Received During Webinar – January 11, 2023 We received numerous questions during our January webinar on Executive Perspectives on Top Risks for 2023 & 2032. While we responded to some during the webinar, we were unable to cover all of them. We have selected a number of the unanswered questions that we believe to be of general interest and have included… Client Story May 12, 2022 A national retailer takes on inventory shrink to improve margins At a price tag of almost $50 billion per year,[1] retail industry losses due to inventory shrinkage are significant. Measuring inventory shrink is a must because it directly impacts gross profit and businesses cannot improve on what they cannot or do not measure — and inventory is no different. Measuring shrink is challenging, particularly if inventory processes lack transparency or the… Newsletter May 4, 2023 Organisational Culture Is a Competitive Advantage 1 big thing: Where are the culture strategies? Consider this: If culture eats strategy for breakfast, why do some organisations continue to respond to labor shortages and economic contractions with salary increases, staff reductions and other snack-sized, often short-sighted actions? Whitepaper January 31, 2024 2024: Global Sanctions Outlook for Financial Institutions KYC took on added significance in the sanctions world in 2023. No, not Know Your Customer, though that certainly remains important. Know Your Cargo became a new mantra for sanctions practitioners and there is every indication it will continue to be heard throughout 2024. But growing geopolitical tensions and national security concerns mean that trade-related sanctions will not be the only area of… Newsletter July 13, 2023 The Metaverse: The Dawn of a New Generation of Capabilities The big picture: The metaverse has the potential to be a disruptive, expansive and transformative force, even to the point of spawning its own economy. Every board has a fiduciary duty to evaluate that potential for its company’s future. By the numbers: According to a survey of 250 global business leaders, the metaverse has the potential to dramatically alter the future of the human experience… Newsletter June 7, 2023 Modernising Legacy Infrastructure to Increase Competitiveness: The Board’s Role The big picture: Innovative culture, speed to market, customer focus and organisational agility are mainstays in boardroom conversations about innovation. However, these discussions should also address technological roadblocks to realising innovation initiatives. Client Story June 16, 2023 Global Leader in Design Software Hardens Its Platform Infrastructure to Meet FedRamp Compliance Requirements This global leader in software for designers, builders, engineers and others has worked to provide a solid platform across a multitude of industries. However, recent changes in FedRamp compliance requirements drove them to develop a new instance of its product platform, hardening their infrastructure for customers in the public sector. Whitepaper March 14, 2023 Business Planning & Analysis Is the Next Generation of Financial Planning As finance leaders collaborate with their business partners to adjust plans in the face of economic headwinds, they should take a moment to reflect on the state of their financial planning capabilities: Are financial plans adequately linked to business strategies? Does finance sufficiently partner with cross-functional teams? Are processes automated enough? Are relevant data available and… Client Story July 19, 2023 Finance Transformation Sets Course for Future Success A U.S.-based global skincare company was unable to provide timely financial reporting and performance analytics to its key stakeholders and private equity sponsor. Protiviti partnered with the company’s CFO, VP of Finance, Controller, and key stakeholders to assess and redesign the book close, reporting, and forecasting processes. Load More