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 August 8, 2019 RPA or AI? To Achieve Most Automation Goals, You Need Both Discussions of robotic process automation (RPA) and artificial intelligence (AI) tend to follow separate tracks. This has been a function of the way these technologies have been marketed and sold. This is changing as companies realize that both RPA and AI are required to achieve any significant degree of end-to-end process automation. For example, even a company that is not ready to delegate… Blog August 13, 2019 CECL – A Regulators’ Perspective In July, we had the pleasure of hosting a panel discussion with financial regulators in Protiviti’s San Francisco office. The discussion was attended by representatives from 25 banks and financial institutions, including Bank of the West, Charles Schwab, First Republic, MUFG and Wells Fargo. The panelists were Robert Coleman, Regional Accountant from the Federal Deposit Insurance Corporation (… Blog August 21, 2019 Panel Discussion on FAIR Methodology Sparks Lively Interest: Key Takeaways At the most recent meeting of the San Francisco Bay Area Chapter of the FAIR Institute, a group of local practitioners, analysts and C-level executives gathered for a panel discussion on the Factor Analysis of Information Risk (FAIR) methodology. The discussion was hosted by Protiviti, which recently joined the FAIR Institute community as a Founding Sponsor in Advisory Services. We have… Blog March 14, 2018 Market Volatility: Is Your IPO Ready to Go? January 2018 set a record for initial public offerings (IPOs), with 17 companies raising almost $8 billion, surpassing the record of January 2014, when 12 IPOs raised $5.3 billion. That pace slowed considerably in February, however, amid substantial market volatility. It is easy to understand why companies – or their underwriters – grew shy of IPOs amidst the market swings. IPO activity… Blog March 15, 2018 SEC on Cyber Risk Assessments: Show Us the Cost of Your Loss Last week, an important Securities and Exchange Commission (SEC) Interpretive Guidance, which we analyzed in a Protiviti Flash Report, set the bar for corporate cybersecurity risk assessments. One particular aspect of the new guidance relating to how companies conduct risk assessments and report on cybersecurity risks is the need to understand “the range and magnitude of the financial impacts” of… Blog March 16, 2018 It Is Time to Bring Order to the M&D Lease Universe Public company accounting departments closing the books on 2017 may find it difficult to take a breath. Fresh from filing their 10-K and finalizing their preparation for the FASB’s new revenue recognition standard (ASC 606) effective in 2018, it is time to prepare for a new lease accounting standard (ASC 842). The new standard goes into effect for fiscal years beginning after December 15, 2018… Blog March 21, 2018 2018 Audit Committee Agenda Continued: Corporate Culture Internal auditors often talk about the “tone at the top” — the idea that corporate culture begins with the example set by senior management. But while conduct at the top is where it all starts, it does not end there. An increasing number of companies are beginning to realize that if the tone in the middle is not aligned with the tone at the top, there could be serious risks lurking within the… Blog March 22, 2018 Simplifying the Modeling Challenges in PPNR As a crucial part of capital planning, Pre-Provision Net Revenue (PPNR) modeling has been under the spotlight for careful review and scrutiny from the Federal Reserve Board (FRB) since 2012 for the annual Comprehensive Capital Assessment and Review (CCAR) submission. Although bank holding companies (BHCs) have become better equipped at utilizing PPNR models for capital planning purposes in recent… Blog March 26, 2018 Focus on Culture: How Culture Assessments Can Support the Audit Committee’s Agenda In an earlier post, I discussed corporate culture as one of the items Protiviti recommends audit committees focus on as they shape their agendas for 2018. I want to follow up with some suggestions on how organizations might include a culture assessment in their plans for the year. There are several different ways to approach a culture assessment. The internal audit functions of some… Blog March 29, 2018 Internal Audit Capabilities and Needs Survey: The Analytics Imperative As internal audit practitioners seek to evolve and transform their functions, to keep pace with the transformation occurring within their organizations, internal auditors are increasingly assessing and consulting on a wide variety of risks, including digitalization, cybersecurity, enterprise risk management, fraud risk, vendor risk and corporate culture. These new areas now dominate the global… Load More
