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  • Blog
    Internal Audit Applications of AI: It Doesn’t Have to Be Complicated to Be Effective
    For many internal auditors, artificial intelligence (AI) may seem like a daunting topic to tackle — but that shouldn’t stop them from considering how they can apply it to their work. Tools and techniques exist that can provide auditors with powerful, straightforward techniques to enhance their work. With an increased focus and urgency around the use of data to support internal audit activities,…
  • Blog
    A Different Front in the COVID-19 Outbreak: Information Security
    As the world faces the medical concerns associated with COVID-19 and moves home to work, healthcare workers not on the front line — those in administration and information technology (IT) — feel a different pressure. While this does not have the same gravity as saving lives, it is the challenge of keeping the business running and the strain of a remote workforce. Administrative and IT healthcare…
  • Blog
    GRC Trends in the Market: A Podcast Series From Around the Globe
    Governance, risk and compliance (GRC) programs and technologies are undergoing a transformation as companies are trying to address more and stricter regulations, evolving data security and privacy laws, operational and risk challenges, customer demands and more. GRC platforms are increasingly used to deliver synchronization, connectivity, risk metrics, control validation and testing and…
  • Blog
    The Pandemic Crisis Draws Sharp Contrast Between Digital Leaders and the Rest
    Our Top Risks survey that we released at the start of the year showed that many business leaders were worried about their organizations’ ability to compete with digital-born competitors. Had they known at the time what was around the corner, they might have been a lot more worried. As people and companies around the world ride out prolonged lockdowns, customers are quickly transitioning…
  • Blog
    Section 1135 Waivers: “Patients Over Paperwork” Does Not Mean NO Paperwork
    On March 13, 2020, President Trump declared a national emergency in response to the COVID-19 pandemic, enabling the Secretary of the U.S. Department of Health and Human Services to temporarily suspend, modify and give flexibilities (authorized under Section 1135 of the Social Security Act) for certain federal requirements related to the Medicare conditions of participation, state Medicaid plans,…
  • Blog
    Utilizing Technology to Streamline Documentation, Coding and Billing Requirements of COVID-19 Cases
    On April 1, 2020, the Centers for Disease Control and Prevention (CDC) announced a new ICD-10-CM code to document the diagnosis of COVID-19. The CDC originally planned to implement this code on October 1, 2020, but expedited the implementation due to the rapid spread of the novel coronavirus. The American Medical Association (AMA) and the Centers for Medicare and Medicaid Services (CMS) also…
  • Blog
    LIBOR Transition During the Pandemic: Is Your Program Management Office Ready to Take on the Challenge?
    Across the globe, governments and financial institutions continue to prepare for the shift targeted for the end of 2021, from the London Interbank Offered Rate, or LIBOR, to alternative risk-free rates (RFR). The deadline for retiring the LIBOR remains unchanged, according to various government and regulatory bodies, including the Bank of England and the Federal Reserve, despite significant…
  • Blog
    CECL and the AICPA Practice Aid (Part 4): Modeling Considerations and COVID-19
    As we continue our series of blog posts examining the AICPA Practice Aid on preparing for the new current expected credit losses (CECL) standard, this post on modeling considerations is especially timely given the economic upheaval of the ongoing COVID-19 pandemic and the dramatic effect that it is having on loss models. Many of the assumptions built into January models were no longer valid…
  • Blog
    Data Privacy Isn’t Just One and Done: How to Stay on Top of Changes and Ensure Ongoing Compliance
    Two years ago, organizations were rushing to comply with the European Union’s (EU’s) General Data Protection Regulation (GDPR). After a flurry of activity and changes to privacy settings and disclosure, many felt they could move on once they’d checked that compliance box. But things have not remained static from a regulatory standpoint. In May, the European Data Protection Board published yet…
  • Blog
    SOX Compliance Under COVID-19: The Show Must Go On (Part 2)
    Although the Securities and Exchange Commission (SEC) granted one 45-day extension for public companies subject to Sarbanes-Oxley (SOX) reporting requirements, the regulator still expects companies to appropriately protect investors and public interest by maintaining the full rigor of internal control requirements. As a result, there are a number of challenges that need to be addressed.…
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