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 May 8, 2020 A Finance Labor Model Tailor-Made for Navigating Crises What happens to a business that is heavily reliant on its finance operations located in a foreign country, and it discovers that a government response to a global pandemic has sent the members of that team to shelter at home, cutting it off from access to the office with little or no warning? Clearly, that’s not a theoretical question today. It is what happened in the past weeks to dozens of… Blog May 11, 2020 Paycheck Protection Program: A Good Idea Going Bad? The basis for the Paycheck Protection Program was (and remains) compelling: COVID-19 and associated stay-at-home orders were wreaking havoc with the small businesses that form the backbone of the U.S. economy. Something had to be done, and quickly, to save those businesses from their demise. The solution was the inclusion of the paycheck protection program, also known as PPP, in the Coronavirus… Blog May 12, 2020 So You Had a Plan … Resetting the Technology Portfolio to Align With the Reemergence Strategy With the COVID-19 global pandemic upending life as we know it, organizations face a landscape and a future that is drastically different from what they perceived at the start of 2020. Altered priorities of customers, disruptions throughout the supply chain and new emerging opportunities are causing significant shifts in the corporate strategies in boardrooms across the globe. The goals and… Blog May 13, 2020 Opportunities Abound in Pandemic Reemergence Planning As businesses face the uncertainties created by the COVID-19 pandemic, many are also shifting their forward-looking strategic objectives and priorities. Meanwhile, employees are in waiting mode, perhaps waiting for business to resume more or less as it was before the crisis. But the post-pandemic reality will likely be very different. Businesses may find, for example, that their trading… Blog May 13, 2020 Treasury Department Weighs In on Contentious BI Claims Dispute The insurance industry has received substantial help in its pushback against various legislative and legal efforts seeking to compel insurers to cover business interruption (BI) claims stemming from COVID-19, including in cases where policy language may exclude coverage for pandemics or lack of physical damage. In a letter to lawmakers, the U.S. Treasury indicated it opposes the seemingly… Blog May 14, 2020 Going Back to the Office: Determining Key Personnel Risk in a New Reality Team leads around the world know the feeling. The late-night text from a trusted colleague: “This is Mike. I don’t feel well, not sure I’ll be able to work the next few days.” Not a big deal, you think to yourself, a few days is doable. The team’s new high-profile project is in the planning phase and, so far, all systems and Mike’s daily responsibilities are running smoothly. A few days pass… Blog May 18, 2020 Paycheck Protection Program: A Forgiveness Application, But Still No Regulations Amidst media reports that significant changes to the Paycheck Protection Program (PPP) may be forthcoming to provide greater leeway for how loan proceeds are used and to extend the current eight-week period for spending the funds, the Small Business Administration (SBA) issued a Loan Forgiveness Application on May 15. The form, its accompanying worksheet and step-by-step instructions provide… Blog May 18, 2020 Risk Awareness and Analytic Insight: Driving Audit Into the Future As the world is rapidly changing before our eyes, organizations are becoming increasingly self-aware about vulnerabilities within their operations and infrastructure that, just a couple of months ago, may have seemed like a distant possibility. The current environment’s intense pressures are leading to new challenges and opportunities, which are perfect catalysts for innovation. Amid the… Blog May 19, 2020 Mortgage Servicers Must Act Now to Implement Latest COVID-19 Payment Deferral Program In response to the COVID-19 pandemic and mortgage servicers’ feedback, Fannie Mae and Freddie Mac introduced a COVID-19-specific payment deferral program for homeowners on May 14, 2020. This program is in addition to the payment deferral solution, announced on March 25, that was developed at the direction of the Federal Housing Finance Agency (FHFA) for borrowers who became delinquent due to a… Blog May 20, 2020 COVID-19 Crisis Highlights the Value of Agile Auditing Like nearly every other profession in the business world, internal auditing (IA) has been forced to cope with the extraordinary environment brought about by COVID-19. Skills and tools that IA has been adopting gradually over the past several years suddenly become critical for successful performance. And perhaps none is more critical than Agile auditing. As part of our ongoing Enterprise… Load More
