The response to the pandemic from organizations can be classified into multiple phases. In the first phase, business leaders scrambled to equip teams for remote work. Later, ad hoc groups sprang up to devise return-to...
Archive - February 2021
Guidelines for Serving Limited English Proficiency Consumers Emphasize Expectations and Risks for Financial Institutions
On January 13, 2021, the Consumer Financial Protection Bureau (CFPB) published a Statement Regarding the Provision of Financial Products and Services to Consumers with Limited English Proficiency (LEP). The statement is...
Ready to Strike a Deal? Five Best Practices to Ensure Repeatable Success in M&A Transactions
According to a recent survey of executives, over 70% of companies plan on being involved in a merger or acquisition (M&A) in 2021. This is a welcome change from 2020, when deal value globally dropped 5% from last...
FERC Order 2222 Levels the Playing Field for Distributed Energy Resources
The Federal Energy Regulatory Commission (FERC) final rule Order 2222, issued in September 2020, opens the country’s wholesale energy markets to distributed energy resources (DERs) like rooftop solar, behind-the-meter...
Nearly a Year Into the Pandemic, Relief Fraud and Misuse of Government Funds Continue Unabated
Thus far, the federal government has spent over $3 trillion to address the COVID-19 pandemic crisis, with additional monies expected to be provided by Congress in the next month or two. The sheer number of government...
Smooth (and Secure) Operator: A Perspective on the Oldsmar Water Plant ICS Breach
On February 5, 2021, the water treatment system for the city of Oldsmar, Florida was breached to such a degree that the sodium hydroxide level was briefly increased from the normal range of 100 parts per million (ppm)...
COVID-19 Vaccine — Is Your Organization Prepared to Meet Compliance Requirements?
As vaccine distribution begins, one result is the rapidly evolving regulatory requirements surrounding COVID-19 vaccine acquisition, storage, administration and reporting. These quick-turn process shifts and needs can...
Attention, CFOs: Your Most Important Asset Is Not on Your Balance Sheet
Which of the following assets will power your business going forward? Cash and equivalents Accounts receivable Investments Plant, property and equipment Goodwill Other intangible assets Arguably, among the six assets...
Resilience and the Workforce Are Key Concerns in 2021 and Over the Next Decade, According to Protiviti-NC State Global Survey
Board members and C-suite executives around the globe are most concerned in 2021 with risks associated with COVID-19-related government policies and regulations, economic conditions that may restrict growth, and market...