With the deadline around the corner for large companies to adopt the new accounting standards on current expected credit losses (CECL), the AICPA has published a Practice Aid to help management, internal auditors and...
Archive - December 2019
Charles Soranno
Ariste RenoWinning the Finance Talent War: Five Strategies
Recruiting and retaining the right resources in the finance function has never been more critical due to accelerating adoption of new technologies and complying with a growing list of regulations. But a finance labor...
Paul McDonald
Jay ThompsonOCC Flags Warning Signs of Operational, Credit and Interest Rate Risks
In its Fall 2019 Semiannual Risk Perspective, the Office of the Comptroller of the Currency (OCC) highlights operational, credit and interest rate risks among key risk themes posing threats to the financial institutions...
Carol BeaumierRegulatory Changes, Economic Uncertainty, Culture Among Top Risks for Organizations, According to New Survey
Entering into a new decade, boards and C-suite leaders around the globe are concerned with the escalating competition for specialized talent, their organizations’ culture and the ability to advance their digital...
The Protiviti ViewOperational Resilience Supervision Moves into High Gear with Latest Consultation Papers for UK Institutions
As part of a series of coordinated consultation papers, UK supervisory authorities on December 5 proposed new rules and expectations aimed at strengthening the operational resilience of the financial services sector...
Douglas Wilbert
Andrew RetrumIn Transformations, People Are at the Heart of Success
In our age of digital transformation, finance leaders have unprecedented opportunity to transform operations and create strategic advantages through technologies such as artificial intelligence and machine learning...
Kathie TopelFocused on Digital Transformation? Lead With People, Not Technology
Many observers rightly consider the digital transformation of the business landscape and beyond to be the next industrial revolution. And like previous such revolutions, it will have far-reaching effects on how...
Jonathan WyattFFIEC’s Updated BCM Booklet Highlights Operational Resilience Concepts
Compared to the 2015 version, the updated business continuity management booklet released in November 2019 by the Federal Financial Institutions Examination Council (FFIEC) offers increased clarity, with detailed...
Damon Owen
Dugan Krwawicz