Results for Search Submit Filter by: Advanced Filter All results Solutions Industry People Client Story Insights/Blogs Filter Blog January 12, 2021 Pandemic-Driven Issues Complicating Tech CFOs’ 2021 Spending Decisions Even for high-growth technology companies that performed fairly well during the last 12 months, 2021 capital-spending decisions are being made with significant restraint and apprehension. The ongoing rollout of promising COVID-19 vaccines notwithstanding, the pandemic’s far-reaching effects on consumer behavior, the labor market, wages, office space, technology and supply chains, to name a few,… Blog January 13, 2021 U.S. Addresses Long-Standing Gap in its AML Compliance Regime On January 1, 2021, the U.S. Senate voted to override President Donald Trump’s veto of the National Defense Authorization Act for Fiscal Year 2021, a legislative package that includes the Anti-Money Laundering Act of 2020. The passage of the AML Act closes one of the biggest gaps in the U.S. anti-money laundering regime and moves the United States toward compliance with international AML and… Blog February 3, 2021 Resilience and the Workforce Are Key Concerns in 2021 and Over the Next Decade, According to Protiviti-NC State Global Survey Board members and C-suite executives around the globe are most concerned in 2021 with risks associated with COVID-19-related government policies and regulations, economic conditions that may restrict growth, and market conditions that may continue to impact customer demand, according to a new survey from Protiviti and NC State University. Amid these near-term headwinds, when asked about top… Blog February 4, 2021 Attention, CFOs: Your Most Important Asset Is Not on Your Balance Sheet Which of the following assets will power your business going forward? Cash and equivalents Accounts receivable Investments Plant, property and equipment Goodwill Other intangible assets Arguably, among the six assets above, the most leverageable assets are the intangible assets, which, by definition, have not been quantified. When one company purchases another for a value greater… Blog February 11, 2021 COVID-19 Vaccine — Is Your Organization Prepared to Meet Compliance Requirements? As vaccine distribution begins, one result is the rapidly evolving regulatory requirements surrounding COVID-19 vaccine acquisition, storage, administration and reporting. These quick-turn process shifts and needs can overwhelm staff and place them under intense pressure. Organizations may also be exposed to risks of noncompliance and expensive penalties if the following processes are not in… Blog February 12, 2021 Smooth (and Secure) Operator: A Perspective on the Oldsmar Water Plant ICS Breach On February 5, 2021, the water treatment system for the city of Oldsmar, Florida was breached to such a degree that the sodium hydroxide level was briefly increased from the normal range of 100 parts per million (ppm) to 11,100 ppm — a level more suitable for household cleaners than for human consumption. While the FBI investigates the source and method of the attack, during a press… Blog February 16, 2021 Nearly a Year Into the Pandemic, Relief Fraud and Misuse of Government Funds Continue Unabated Thus far, the federal government has spent over $3 trillion to address the COVID-19 pandemic crisis, with additional monies expected to be provided by Congress in the next month or two. The sheer number of government assistance programs and volume of funding combined with the need to distribute quickly have presented significant challenges and increased the risk of fraud and misuse of the funds… Blog February 18, 2021 FERC Order 2222 Levels the Playing Field for Distributed Energy Resources The Federal Energy Regulatory Commission (FERC) final rule Order 2222, issued in September 2020, opens the country’s wholesale energy markets to distributed energy resources (DERs) like rooftop solar, behind-the-meter batteries and electric vehicles. This new order lifts many of the restrictions and barriers to entry to the wholesale market for DERs, including allowing them to aggregate. Before… Blog June 26, 2020 Persevering and Prospering in the Time of COVID-19: Keep Accounts Receivable Turning One of the many reasons businesses are suffering during the COVID-19 pandemic is that their customers are challenged in managing their cashflow, resulting in reducing or delaying payments. In addition, the accounts receivable function is not an easy one to operate remotely; billing operations and collections/cash application teams may be slower than usual as employees work from home. For some… Blog June 30, 2020 Getting to Resilient: Reimagining Crisis Management and Business Continuity Planning in a New Reality COVID-19 has exposed glaring deficiencies in business continuity and crisis management plans at organizations across all industries. And while executives and management today are focusing the lion’s share of their efforts on responding to the day-to-day upheaval caused by the virus, they should be preparing now for the possibility of a second wave that further disrupts business. In a recent… Load More
