Internal Controls Planning as Organizations Contemplate a Return to the Office
2020 was certainly a year for change in so many ways, not the least of which was companies adapting their internal controls to the stay-at-home orders resulting from the COVID-19 pandemic. Now, as many are considering bringing people back to the office at least part time, the internal controls environment is up for yet another […]
Protiviti Advisory Board on Pandemic Lessons Learned and the Path to a “Better Normal” – A Virtual Event Recap
One afternoon last week, Protiviti President and CEO Joe Tarantino welcomed more than 130 clients and friends of the firm to spend an afternoon with the members of Protiviti’s Advisory Board: Peter Henry, Fran Townsend, Evelyn Dilsaver and Susan Molinari. The afternoon included a panel discussion with all the Advisory Board members followed by fireside […]
An Approach to Measuring the Value of Human Capital
Stakeholders have long believed that effective assessments of a company’s performance and prospects require solid information on workforce costs and productivity, on how employees are hired, developed and managed, and other human capital factors. Agencies, governing bodies and investors have recently exerted pressure on a number of authorities worldwide to ensure more human capital information […]
Trends in Credit Reserves Reflect Economic Optimism
Many financial institutions reacted quickly in March 2020 to bolster credit loss reserves and incorporate anticipated near-term and longer-term impacts of the COVID-19 pandemic on loss reserve estimates. This came on the heels of adopting one of the most significant accounting changes for financial institutions in decades, the Current Expected Credit Losses (CECL) accounting standard. […]
The Complexities of Rapidly Evolving Wage Law: Act Now to Mitigate Your Risk
No organisation wants to be headline news for underpaying its employees. However, many businesses are being publicly ostracised for violating enterprise agreements (EAs) in Australia. Not only are EAs incredibly complicated, wage law is also evolving rapidly, with Victoria and Queensland passing legislation in 2020. Unfortunately, rapid changes and complex EAs coupled with a shortfall […]
On Risky Women “Radio”: Robots, Resilience and Risk Management
“Be bold, be confident and trust your gut. Embrace everything that comes your way with full gusto.” This is the advice that Lucy Pearman, Managing Director and Global Lead of Protiviti’s TRANSFORM Risk and Compliance practice, says she would give to her younger self if she could. In a conversation with Kimberley Cole, founder of […]
