Results for Search Submit Filter by: Advanced Filter All results Solutions Industry People Client Story Insights/Blogs Filter Blog Digital Reporting, Dashboards Help Execute Store-Level Audits in Real Time Retailers are under increasing pressure from all directions these days. In May, Credit Suisse estimated that a record 8,600 stores will close in 2017 and that 25 percent of U.S. shopping malls will be shuttered by 2020. At the same time, retailers are facing increasingly complex regulations on everything from public health to environmental issues. All of these pressures are creating a need to… Blog Criminal Finances Act 2017 Aimed at Terrorist Financing Affects All Firms With UK Operations One of the recent examples of efforts to clamp down on terrorist financing and tax evasion comes from the UK, where the Criminal Finances Act 2017 received Royal Assent in April. The Act, expected to take effect this September, is being touted as a powerful new tool in the investigation and prosecution of tax evasion and terrorist financing crime in the UK. In response to concerns raised by… Blog New Survey — Bridging the Gap Between Finance and Procurement My colleague Bernie Donachie wrote earlier this week about high-performance procurement, focusing on some top performer characteristics that emerged from our procurement survey prior to its release. The full report is now out, and, top performers notwithstanding, it shows that there are divergent perspectives across stakeholders when it comes to the value generated by the procurement… Blog Internal Auditing Around the World: Stepping Up to the Challenge of Culture Audits Weak organizational cultures are widely considered to be one of the primary causes of the global financial crisis that struck a decade ago. As a result, maintaining a strong risk culture has become a top priority for all major businesses today — as well as an expectation by their stakeholders, regulators and customers. Business leaders are looking to the internal audit function to assess not… Blog Regtech: An Innovation Quickly Going Mainstream Last year, we wrote about the various ways financial institutions were using technology to streamline and improve regulatory compliance. We thought it was time to revisit the topic, given regtech’s quiet but steady advancement in the financial services industry in the time that has passed. A specific definition of “regtech” is still evolving, but generally speaking, the term applies to any… Blog Top Risks in Financial Services: Ever the Same, Always Changing Protiviti and North Carolina State University’s ERM Initiative teamed at the end of last year to survey directors and executives across a wide spectrum of industries for our fourth annual Executive Perspectives on Top Risks report. We are drilling down, over a series of blog posts, to provide insight into these executive perspectives within key industries and how these risks may have evolved… Blog Compliance Issue Resolution: Responsible Business Conduct in Financial Services In April, I joined several of my Protiviti colleagues on a webinar hosted by The IIA’s Financial Services Audit Center. The two-hour session, titled Hot Topics in Compliance: Consumer Protection and Compliance Governance, focused on recent regulatory developments in consumer protection reforms related to the Dodd-Frank Act, including mortgage lending disclosures and debt collection practices. It… Blog So You’ve Gone Public – What's Next? Once a company is public, the event is often celebrated and the organization emits a collective sigh of relief. But then the next daunting question looms: “What’s next?” Recently, I had the opportunity to discuss this very topic on a podcast with my colleague Andrea Spinelli, a director in our Business Performance Improvement practice. The key aspects of a post-IPO environment, which we discuss… Blog Real-World Risk Rigors Require Effective Challenge Man plans, God laughs, according to the Yiddish proverb. Bank regulators, not so much – at least not when it comes to risk management, which continues to be an ever-moving target for financial institutions. Providing stakeholders with assurance that the risk control frameworks financial institutions have adopted will hold fast in an actual emergency is an ongoing challenge, and banks test their… Blog From Pandemics to Drones to Planning for Resource Scarcity: Protiviti Scans the Emerging Risks Landscape in the Latest Edition of PreView As the world turns its eyes to the Olympics in Rio de Janeiro, athletes and visitors alike are being warned to take precautions against the Zika virus – a flu-like strain that comes with the added risk of crippling birth defects. The situation is so serious that health authorities are urging women in South America to avoid becoming pregnant for a year or more – a demographic anomaly with far-… Load More
