Results for Search Submit Filter by: Advanced Filter All results Solutions Industry People Client Story Insights/Blogs Filter Blog 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 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 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 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 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 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,… Blog The Responsible Technology Firm of the Future: Part 1 of 4 Emerging risks, evolving stakeholder expectations and increased scrutiny from governmental agencies are raising the complexity of the environment in which technology companies operate. In a four-part series, Protiviti examines the changing risk landscape and presents 10 ideas for tech executives and directors to help them make the transition to the more balanced focus of the responsible tech firm… Blog SEC Updates Disclosure Requirements On August 17, the Securities and Exchange Commission (SEC) announced updated disclosure requirements intended to reduce compliance burdens, align with certain changes in Generally Accepted Accounting Principles (GAAP), and eliminate existing redundancies in the disclosure of information to investors. The amendments are part of an initiative by the SEC’s Division of Corporation Finance to review… Blog In the Wake of the Regulatory Relief Act, Banks Hasten M&A Deals – Five Quick-Hit Considerations to Improve Your M&A Risk Posture The Economic Growth, Regulatory Relief and Consumer Protection Act (EGRRCPA) was signed into law on May 24, 2018, removing compliance barriers for many banks in the $10 billion to $250 billion asset range. The law has been touted as a way to buoy capital for economic growth by providing regulatory relief to smaller and less complex banks that don’t meet the government’s definition of “too big to… Blog In SOX Compliance, Automation Is Key to Higher Value As executives and compliance leaders look for ways to reduce overall hours required for SOX compliance and glean strategic value from compliance activities, automating controls and testing and broader use of robotic process automation (RPA) show promise that should be evaluated. According to Protiviti’s 2018 SOX Benchmarking survey, nearly one in three organizations reported using technology… Load More