Sustainable Supply Chains – Desired and Required
With greater consumer awareness and changing social values, most organizations these days feel compelled to report on their sustainable business practices. Not only are such disclosures good for the image of the company, but they come with concrete financial benefits attached – one in every four dollars invested in the United States, and $23 trillion […]
Energy and Utilities Firms Need to Prepare for a Digital Future
For U.S. energy and utilities companies, 2019 is shaping up to be a positive year, supported by sound economic fundamentals. In particular, commodity prices are stable, energy demand is trending up, and real gross domestic product continues to grow, helping bolster and propel the industry. Organizations that have invested in efforts to drive greater operational […]
PCAOB Issues Outlook to Audit Committees for 2019 Staff Inspections
On March 14, the PCAOB released a Staff Inspection Brief highlighting its strategic focus on enhanced engagement with key external stakeholders, including audit committees. The brief is intended to help audit committees and registered public accounting firms understand and comply with PCAOB Auditing Standards and is useful for preparers and issuers to understand issues that […]
Leadership Succession Continues to Challenge Consumer Products and Services Companies
Horror movie fans are well-versed in the ever-popular “zombie apocalypse.” But for those who work in the consumer products and services industry, the “retail apocalypse” is more frightening. The retail apocalypse refers to the widespread closure of brick-and-mortar retail stores in the United States and Canada. It represents a serious threat to the retail business […]
You’ve Heard of Next-Gen Internal Auditing: Here’s a Look Inside
Internal audit tools and techniques are evolving rapidly, creating a lot of energy and excitement around transformation and innovation. In a recent Protiviti webinar on “next-generation” internal auditing, nearly 70 percent of participants indicated that they were undertaking such initiatives. The objectives of these transformations — efficiency, adaptability, increased engagement and deeper, more valuable insights […]
Corporate Social Responsibility: Are Tech Firms Doing Enough?
In our third podcast on The Responsible Technology Firm of the Future, we focus on corporate social responsibility. Brand is built on trust. How is corporate social responsibility affecting that trust? Are companies proactive enough in setting up responsible policies, with boards engaged and setting the tone from the top? Is the lack of diversity […]