Results for Search Submit Filter by: Advanced Filter All results Solutions Industry Typelist People Client Story Insights/Blogs Filter Search Sort by RelevanceDate Order AscDesc Blog October 26, 2017 Latest Revenue Recognition Guidance From PCAOB The January 1, 2018 implementation date for new accounting rules on revenue recognition is just around the corner, and the Public Company Accounting Oversight Board (PCAOB) has been issuing guidance to help companies prepare. The latest PCAOB Practice Alert, issued earlier this month, addresses areas to which organizations need to pay particular attention. The alert is aimed at external auditors… Blog November 2, 2017 Cyber Risk Management Is Everyone’s Job, and Compliance Must Play Its Role When it comes to cybersecurity oversight and management, many functions outside of IT and information security (IS) need to play a role – this includes internal audit and risk and compliance functions. These parties need to adopt an approach to managing cyber risk that involves all three lines of defence. While it may be a cliché to say they must treat cybersecurity as a business risk and not… Blog November 3, 2017 Compliance Insights Podcast: Protiviti Experts Discuss Part 500, CFPB's Response to Fintech and More In our latest podcast, Adam Hamm outlines 3 things to pay attention to in getting ready for the New York Department of Financial Services regulation known as Part 500, and Steven Stachowicz explains the reasoning behind some recent actions by the CFPB. Listen at the link below. Download the printable October issue of Compliance Insights here. [audio mp3="http://blog.protiviti.com/wp-content/… Blog November 6, 2017 Hurricane Harvey Was a Real-World BCM Test — But What Can Businesses Learn From It? Hurricane Harvey dumped over 51 inches of rain — or about 27 trillion gallons of water — on Texas and Louisiana last summer, more than four times the amount Louisiana and Mississippi received from Hurricane Katrina in 2005. Harvey caused catastrophic flooding, displaced tens of thousands of people and caused over US$180 billion in damage. It also provided a real-time test of business continuity… Blog November 7, 2017 Are You a Biotech Company Eyeing an IPO? Be Sure to Assess These 3 Areas First The initial public offering (IPO) market for biotech companies has picked up steam in 2017, following a lackluster year (2016) that saw the fewest biotech IPOs since 2012. The positive buzz biotech stocks have been generating of late has many startups and other private firms in the sector wondering if now is the time to start making plans to go public. An IPO can help a biotech company raise… Blog November 10, 2017 Money 20/20: Where Is the Financial Services World Going? What is the future of banks? How is artificial intelligence affecting the customer experience? Which one is the platform of the future? How are regulators keeping up? These are some of the questions discussed at the global Money 20/20 conference in Las Vegas, which Protiviti Managing Director Tyrone Canaday attended last month. In the podcast below, Tyrone provides his perspective on these future… Blog November 14, 2017 New IT Security Awareness Learning Library Is Designed to Help Workers Become Frontline Cyber Defenders for Their Employers Taking advantage of a user’s poor security practices is often a critical first step for malicious hackers or other cybercriminals seeking to compromise an organization’s systems and data. More than 80 percent of hacking-related breaches leveraged stolen or weak passwords, according to research for the 2017 Data Breach Investigations Report from Verizon. The report also says that about one in 14… Blog November 16, 2017 New Vendor Risk Management Survey Highlights a De-Risking Trend, Among Other Findings Protiviti and the Shared Assessments Program have released the 4th annual Vendor Risk Management Benchmark Study. While vendor risk management maturity is improving overall, concerns remain around the level of board involvement with third-party cyber risk and the ability of organizations to assess and manage forth-party risk (vendors of vendors). Subsequently, more than half of the organizations… Blog November 28, 2017 PCAOB Issues Preview of Observations From 2016 Inspections of Auditors of Issuers On November 10, the PCAOB published a Staff Inspection Brief that highlights frequent audit deficiencies identified by their Division of Registration and Inspections during the 2016 inspection cycle. The release is designed to help registered public accounting firms comply with PCAOB Auditing Standards. However, we believe it also provides preparers and issuers an opportunity to plan and prepare… Blog December 1, 2017 Wealth 2022: Wealth and Asset Management Firms Need to Get the Trust Equation Right When Going Digital Fintech companies have had great success in the lending sector of the financial services industry because customers are more comfortable with being in control when borrowing money than when they are handing over their own money. This fact leads to a point I emphasized recently at a media breakfast in London to talk about the impact of digitalization on the wealth and asset management sector as… Load More
