RPA or AI? To Achieve Most Automation Goals, You Need Both
Discussions of robotic process automation (RPA) and artificial intelligence (AI) tend to follow separate tracks. This has been a function of the way these technologies have been marketed and sold. This is changing as companies realize that both RPA and AI are required to achieve any significant degree of end-to-end process automation. For example, even […]
Compliance 2.0: Transforming SOX Practices With Technology
Organizations have been getting better and more efficient at Sarbanes-Oxley (SOX) compliance practices for the past 17 years since SOX was implemented. Nonetheless, with control counts rising and external auditor expectations increasing, compliance hours are growing, too. The results of Protiviti’s 2019 Sarbanes-Oxley Compliance Survey suggest that while a reduction in hours is still possible, […]
FASB Proposes Delaying New Lease Standards for Private Companies, But There’s No Time to Waste
At the start of 2019, the implementation deadline for the Financial Accounting Standards Board’s (FASB) new lease accounting standard passed for most public companies. FASB has proposed postponing the effective date for privately held organizations to the beginning of 2021, but the pressure remains on those organizations that have been struggling to meet the […]