The Role of the Business in Ensuring a Successful ERP Implementation
As organizations implement new enterprise resource planning (ERP) systems as part of digitization, process improvement and platform modernization, it is becoming increasingly critical not just for IT, but also for the business units themselves, to understand their central role in the overall success of these initiatives. The implementation of an enterprise system, or any other […]
Cyber Vulnerabilities of Energy Companies’ Control Systems Can Be Addressed Safely and Successfully
The realization is growing across the oil and gas industry that the major cybersecurity threats to upstream, midstream and downstream data and operations are often aimed at operational technology (OT) systems and equipment – usually older, legacy models – rather than at the information technology (IT) side. Those operational technologies typically include industrial control systems […]
DOJ Fraud Section Puts Boards of Directors on Notice Regarding “Conduct at the Top”
In February 2017, the U.S. Department of Justice (DOJ) Fraud Section published its latest guidance on corporate compliance programs with the release of the very useful document titled “Evaluation of Corporate Compliance Programs.” While many legal and compliance scholars have rightly stated that this latest publication isn’t anything radically different than prior authoritative guidance issued […]
PCAOB White Paper Calls Attention to the Risk of Material Weaknesses at Emerging Growth Companies
Last week, the Public Company Accounting Oversight Board (PCAOB) released its semi-annual white paper providing general information about certain characteristics of emerging growth companies (EGCs). The PCAOB’s white paper provides a number of observations regarding EGCs, which we summarize in a just-released Flash Report published on Protiviti’s website. In our Flash Report, we also review the […]
Top Technology Challenges for Internal Audit: Results From Protiviti’s IT Audit Survey
Process automation and digital transformation are near the top of most corporate agendas, and the IT audit function has never held a more crucial role. The results of the 6th Annual IT Audit Benchmarking Study from ISACA and Protiviti illustrate the increasingly integrated role IT audit leaders and professionals are assuming in regard to technology […]
