Insight Search Search Submit Sort by: Relevance Date Search Sort by RelevanceDate Order AscDesc Newsletter December 9, 2022 Setting the 2023 Audit Committee Agenda As in prior years, our suggested 2023 audit committee agenda includes important enterprise, process and technology issues and financial reporting and disclosure issues. In addition to discussing these agenda items, we have offered questions for audit committees to consider when self-assessing their own performance with respect to executing the normal ongoing activities articulated in the… Whitepaper July 13, 2023 Revenue Integrity: Leveraging Data to Enhance Collaboration Across the Revenue Cycle In today’s complex healthcare environment, hospitals and health systems and other provider organisations have little room for error within the revenue cycle. Faced with tight margins, growing labor and supply costs, and volatile markets, every dollar counts. Revenue integrity ensures all patient encounters are accurately converted into revenue in compliance with applicable laws and regulations. Blogs January 31, 2024 Capabilities, limitations of Microsoft’s native SoD tool Segregation of duties (SoD) is a well-known term among auditors and anyone who has ever been audited. SoD is the understanding that no user should have access to two conflicting business functions that would allow a user to commit fraud or error (e.g., the ability to create a vendor record, then process a payment to that vendor). The idea can be intimidating and overwhelming to those who do not… Client Story September 18, 2024 Technology Transforms Non-Profit’s Financial Processes Learn how a well-known non-profit revolutionised its financial processes through strategic technology integration. This case study explores the benefits of enhanced financial reporting, improved internal controls, and streamlined operations in a non-profit setting. Blogs January 14, 2025 CSDDD: It’s Not Too Soon To Get Moving While the EU’s Corporate Sustainability Reporting Directive (CSRD) that took effect in January 2023 is primarily disclosure-oriented, the EU’s Corporate Sustainability Due Diligence Directive (CSDDD) is all about action. Survey March 27, 2023 Industry Experience With Remote Branch Inspections Beginning in 2020, the Financial Industry Regulatory Authority (FINRA), the Securities and Exchange Commission (SEC) and several states provided temporary relief from the operational challenges of conducting on-site branch inspections during the pandemic, allowing firms to utilise technology to fulfill their inspection obligations remotely. Now, FINRA has proposed a voluntary, three-year remote… Flash Report March 9, 2023 New White House Cybersecurity Strategy Creates Additional Concerns for Businesses The White House recently released a comprehensive national cybersecurity strategy that is sure to have a major impact on government agencies as well as private businesses. The Biden-Harris Administration has been percolating a comprehensive cybersecurity strategy for some time and in early March released the aptly named “National Cybersecurity Strategy.” The 35-page document was created to help… Flash Report February 28, 2024 NIST Releases Version 2.0 of Its Cybersecurity Framework (CSF): What This Means for Your Organisation On February 26, 2024, The National Institute of Standards and Technology (NIST) released version 2.0 of its updated and widely used Cybersecurity Framework (CSF). This latest edition of the CSF is designed for all audiences, industry sectors and organization types, regardless of their degree of cybersecurity sophistication. Whitepaper April 29, 2022 Building Resilience in the Cloud In 2019, AFME published its first paper on the adoption of public cloud in capital markets[1]. Since then, the adoption of cloud has continued to progress, along with focus from policymakers and regulators. Though the use of cloud and Cloud Service Providers (CSPs) offers a significant uplift in resilience and security compared to banks' on-premise environments, the regulatory focus continues to… Blogs January 31, 2023 Protiviti-Oxford Global Executive Outlook on the Future of ESG: Key Findings A global survey conducted by University of Oxford and Protiviti in the second quarter of 2022 reveals that business leaders worldwide agree ESG (environmental, social and governance) will be either extremely or somewhat important to their business success over the next decade. Executives were evenly split—50/50—on whether ESG would be “extremely important” or “somewhat important” to their… Load More
