We are living in a golden age of internal audit: Membership in The Institute of Internal Auditors (The IIA) is at an all-time high (200,000 members) Conferences and programs are filled near capacity around the globe We...
Archive - August 2017
CFPB Final Rule on Arbitration, OCC Top Priorities, Virtual Currency Fines and Amended TRID Rule Featured in This Month’s Compliance Insights
Protiviti published the August issue of Compliance Insights last week. In the podcast below, Managing Director Steven Stachowicz discusses two of the topics in this month’s newsletter: the much anticipated — and...
SOX Compliance: PCAOB Inspections Drive Change in External Audits
What a difference a year makes. Since the Public Company Accounting Oversight Board (PCAOB) began publishing inspection reports on external auditors, Protiviti has been measuring the effect of those reports on Sarbanes...
An Involved and Agile IT Audit Function Is Key to Cybersecurity
Reports of corporate cybersecurity breaches in the news are becoming as routine as the weather report, and the global risk stemming from these threats has never been higher. In fact, there are growing and credible...
Higher Costs, More Satisfaction, Unabated Interest – SOX Compliance Has It All
Early this summer I participated in a webinar to discuss the results of Protiviti’s 2017 Sarbanes-Oxley (SOX) Compliance Survey, an annual look at how publicly traded companies are complying with the 2002 law. Protiviti...
Trade, Populism and the Price of Progress: How Is Your Industry Adjusting?
Even as technology makes the world smaller and more interconnected, the current rise of nationalism in Western countries reminds us that progress is rarely linear and disruption rarely without consequence. With the...
Transitioning to the New Revenue Recognition Standard Will Likely Be Harder Before It Gets Easier
The new revenue recognition accounting standard from the Financial Accounting Standards Board (FASB) is going into effect for most public companies in their next fiscal year, and a year later for everyone else. This...
Internal Audit’s Role Will Be Key in the GDPR Journey
Over the next nine months, organizations will spend billions of dollars to comply with the General Data Protection Regulation, or GDPR — a European data protection and privacy regulation with the potential to be as...
AI in AML, Consumer Protection Developments Discussed in Protiviti’s Latest Compliance Insights Podcast (Now Available)
Christine Bucy of Protiviti’s Risk and Compliance practice joins Steven Stachowicz in this latest podcast to discuss the next frontier in AML compliance — artificial intelligence. Also hear Steven’s take on...