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  • Blog
    Focused on Digital Transformation? Lead With People, Not Technology
    Many observers rightly consider the digital transformation of the business landscape and beyond to be the next industrial revolution. And like previous such revolutions, it will have far-reaching effects on how businesses operate, resulting in many new successful enterprises and an even larger number of failing ones. In grappling with digital transformation, organizations often make the…
  • Blog
    In Transformations, People Are at the Heart of Success
    In our age of digital transformation, finance leaders have unprecedented opportunity to transform operations and create strategic advantages through technologies such as artificial intelligence and machine learning, virtual reality and robotic process automation. When finance leaders guide their organizations through these transformations, they can help secure their own success by encouraging…
  • Blog
    A CISO Agenda for Addressing COVID-19 Challenges
    With millions of workers around the globe working from home in an effort to contain the spread of COVID-19, the guardians of information security are facing an unprecedented array of challenges, from network capacity concerns to an escalation in cybersecurity incidents. As organizations alter their operating models to accommodate a remote workforce, chief information security officers (CISOs)…
  • Blog
    COVID-19 Crisis Drives FASB to Propose Delays to Effective Dates of Revenue Recognition and Lease Accounting Standards for Certain Entities
    At its April 8 meeting, the Financial Accounting Standards Board (FASB) proposed delaying, for certain entities, the effective dates of its accounting standards for revenue recognition (Accounting Standards Update No. 2014-09, Revenue from Contracts with Customers (Topic 606)) and lease accounting (Accounting Standards Update No. 2016-02, Leases (Topic 842)). The board proposed these revised…
  • Blog
    The Federal Reserve Steps in to Help Small and Medium-Sized Businesses
    During the week of April 6, we saw the Federal Reserve take several decisive actions to try to stabilize the economy. Three of these actions were specifically focused on assisting small and medium-sized businesses by making participation in the paycheck protection loan program (PPP program) more palatable for the banking industry and by introducing and expanding loan programs for small and medium…
  • Blog
    Your Healthcare Organization’s Lifeline – A Business Continuity Plan
    Business continuity plans are the lifeline for keeping healthcare organizations viable and operational in order to provide care for the community during and after an emergency. During an event such as the COVID-19 pandemic, healthcare organizations must activate both their required emergency preparedness plans and their business continuity plans. An emergency preparedness plan is intended to…
  • Blog
    Telehealth – The Game Has Changed
    The disruption the COVID-19 pandemic has created within the healthcare delivery system and the high demand for access to care have led to rapid and extensive expansion of coverage for telehealth services. Not only do providers now have greater flexibility to safely treat patients using telehealth modalities, but reimbursement for those services has also improved. Medicare has recently announced…
  • Blog
    COVID-19 and SOX: Practical Considerations While Navigating the Crisis
    With the impact of COVID-19 extending further every day, its impact on organizations’ Sarbanes-Oxley (SOX) programs is unlikely to be their top priority. However, despite the fact that the SEC has allowed for some delay in filing dates, business continues. Internal controls must still be executed and documented, even if in a different manner than was done historically. Continuing to pay attention…
  • Blog
    The COVID-19 Effect on IPOs: Pre-Public Firms Press “Pause” for Now, but IPO Readiness Must Continue
    With the Covid-19 pandemic raging and the related turbulence in the financial markets, a number of high-profile companies have postponed or slowed the pace of their initial public offerings (IPOs). Based on historical trends during other downturns, the pause on IPOs likely will continue even after markets stabilize, as firms observe a cooling-off period until they gain enough confidence in both…
  • Blog
    FEMA Funding $$$$ Beginning With the End in Mind: COVID-19 Efforts
    Located within the Department of Homeland Security, the Federal Emergency Management Agency (FEMA) is responsible for coordinating the federal government’s response to natural and manmade disasters. FEMA is charged with providing both immediate and long-term assistance to local and state governments as well as individuals. FEMA funds are traditionally a large source of federal government…
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