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Face the Future with Confidence™
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Last Call, the Rev Rec Train Is Leaving the Station
For public companies, the clarion is sounding! The revenue recognition train is leaving the station. We are approaching the midway point of 2017 and the new FASB standard is expected to be effective for fiscal years, including interim periods within those years, beginning after December 15, 2017.
Bitcoin: The Path to Regulation
In March 2017, Bitcoin, the controversial yet potentially revolutionary cryptocurrency that was created in 2009, hit a record high value of $1,290 compared to a low of $200 in 2015. The growth of Bitcoin and its ever-increasing popularity has led to a recent focus on the regulation of cryptocurrencies (also known as virtual currencies); in particular, the inclusion of Virtual Currency Exchange Platforms (VCEPs) and Custodial Wallet Providers (CWPs) in the Fifth EU Money Laundering Directive (5AMLD). It has also fostered a significant interest in the technology behind Bitcoin — blockchain, the secure distributed ledger of digital events — for broader applications within the financial services industry, with many companies actively engaging in blockchain initiatives.
Energy and Utilities Industry Perspectives - June 2017
Know how cyber vulnerabilities of energy companies' control systems can be addressed safely and successfully in our this month's blog.
Technology, Media & Communications Industry Perspectives - June 2017
Read the detailed perspectives and news roundup of Technology, Media and Communications Industry in our this month's Newsletter.
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Travailler chez Protiviti
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How We Help Our Clients Succeed
SAP S/4HANA User Access Design Benefits Publisher
Project led by Protiviti offered long-term sustainability of SoD and access management to the company.
From Trenches to Transformation: Telecom Puts the “PRO” in Procurement
A national telecom company nearly doubled in size over two years. The result was an annual spend of nearly $600 million dispersed across the company without a comprehensive procurement strategy. The expanded procurement structure had few standardised policies and procedures, no standard tools, and unclear and inconsistent roles and responsibilities.
From Trenches to Transformation: Telecom Puts the “PRO” in Procurement
A national telecom company nearly doubled in size over two years. The result was an annual spend of nearly $600 million dispersed across the company without a comprehensive procurement strategy. The expanded procurement structure had few standardised policies and procedures, no standard tools, and unclear and inconsistent roles and responsibilities.
“Rolling in Cash”: How an Unforeseen Post-merger Crisis Led to Finance and Accounting Operations Improvement
Protiviti helped the organization realize the value of a structured accounting and finance operation that had defined roles and leveraged desktop procedures, tracking systems and strong reporting to keep projects and activities on schedule. This has enabled the company to improve its cash management and accounts receivable functions greatly, and regain the confidence of its partners and business associates.