In the Wake of the Regulatory Relief Act, Banks Hasten M&A Deals – Five Quick-Hit Considerations to Improve Your M&A Risk Posture
The Economic Growth, Regulatory Relief and Consumer Protection Act (EGRRCPA) was signed into law on May 24, 2018, removing compliance barriers for many banks in the $10 billion to $250 billion asset range. The law has been touted as a way to buoy capital for economic growth by providing regulatory relief to smaller and less […]
SEC Updates Disclosure Requirements
On August 17, the Securities and Exchange Commission (SEC) announced updated disclosure requirements intended to reduce compliance burdens, align with certain changes in Generally Accepted Accounting Principles (GAAP), and eliminate existing redundancies in the disclosure of information to investors. The amendments are part of an initiative by the SEC’s Division of Corporation Finance to review […]
The Responsible Technology Firm of the Future: Part 1 of 4
Emerging risks, evolving stakeholder expectations and increased scrutiny from governmental agencies are raising the complexity of the environment in which technology companies operate. In a four-part series, Protiviti examines the changing risk landscape and presents 10 ideas for tech executives and directors to help them make the transition to the more balanced focus of the […]
2018 SOX Survey: Benchmarking Compliance Costs
Sarbanes-Oxley (SOX) compliance costs are a top concern for executives and compliance leaders who continue to look for ways to both reduce costs and derive strategic value from their investment in compliance activities. Emerging practices, such as automated controls testing and robotic process automation (RPA), show promise in the long run for reducing these costs. […]
California Adopted a GDPR-like Privacy Law: What Does It Mean for You?
Organizations worldwide are already feeling the impact of the General Data Protection Regulation (GDPR) that went into effect in the European Union on May 25, 2018. As a result of that and other regulations as well as recent privacy related-events, data privacy and security issues remain top-of-mind concerns for businesses and consumers. Now, California has […]
FASB Issues Improvements to the New Lease Accounting Standard
On July 30, 2018, the Financial Accounting Standards Board (FASB) issued ASU No. 2018-11, a long-awaited – but expected – update to pending changes in lease accounting standards, intended to reduce implementation costs and burden. The update provides a new, simplified transition method (relief that has been on the FASB agenda since the end of […]
