Powerful Insights

In this episode, we discuss digital maturity in finance. Or more specifically, how more finance organizations are employing ERP systems, moving to cloud-based systems, transitioning more to analytics, and with that, understanding the talent management and risk management needs that are required with these major changes. Sharing their insights on these issues are two Protiviti experts, Chelsea Blac...

In this episode, we dive into SOX compliance – specifically, the findings of and key takeaways from Protiviti’s latest Sarbanes-Oxley Compliance Survey. The results of our research are featured in our just-released report, The Evolution of SOX: Tech Adoption and Cost Focus Amid Business Changes, Cyber and ESG Mandates . Offering their insights and perspectives are Protiviti Managing Directors Andr...

In June, nearly two years after issuing their proposal for third-party risk management (TPRM), the U.S. banking regulators – the Office of the Comptroller of the Currency, the Board of Governors of the Federal Reserve System and the Federal Deposit Insurance Corporation – finalized their guidance. In this podcast, Brian Kostek from Protiviti interviews Kathryn Hardman from Veritex Bank and Helen S...

ChatGPT is the talk of the town today. But as we all know, generative AI is much more than this one tool. Gen AI represents a new frontier of promise, productivity and capabilities for organizations around the world. But it also comes with risks that these organizations must understand and manage if they’re going to capitalize successfully on these new technologies. In this episode, we talk all th...

In the wake of a world-changing pandemic and amid current uncertainties in the global economy, organizations have made, and are making, some significant adjustments in their operations. For most, the procurement function is at or near the top of the list. These changes are critical for procurement leaders to navigate and manage as global supply challenges become more complex and organizations cont...

Well, it looks like a recession is coming. Or maybe it's not. Or maybe it is. It seems like it's been a long wait for the other economic shoe to drop. And in the meantime, many questions are arising around managing costs in organizations. CFOs and finance leaders continue to have a lot of questions, and get even more from their internal stakeholders and customers, about projections, cost managemen...

As manufacturing organizations assess new ways to innovate and transform their operations, one area they continue to explore is the development of agile factories. In this episode, we talk with Protiviti Managing Directors Sharon Lindstrom, David Petrucci and Robert Giacobbe. Together, they explore the concept of agile factories and the importance of building flexibility and adaptability in the ma...

Top-performing internal audit groups share similar traits: They focus more on streamlined, tailored, impactful communications and reporting. They evolve and adapt routinely, and they push themselves to find and build talent and resources from both within and outside their organizations. But guess what? Fewer than six in 10 internal audit functions have access to the talent they need across any of...

One of the most significant decisions a CFO faces is selecting the right technology or tool to help them run the finance organization and deliver expected results and value for the business. But technology selection is only the first step. There also is implementation, a just as important stage that can make or break the success of the technology and its effectiveness in the eyes of stakeholders t...

Over the past year, as one crypto organization after another has been beset by fraud or declared bankruptcy, countless headlines have surfaced warning of the death of the crypto industry. Yet the damage has been largely contained. The developments have raised many questions about digital assets, cryptocurrency and blockchain technology as well as regulation and other factors that may help the indu...

The level of uncertainty in today’s global marketplace and the velocity of change continue to produce an array of potential risks that can disrupt an organization’s business model and strategic plan on very short notice. The results of the latest Top Risks Survey from NC State University’s ERM Initiative and Protiviti indicate the business landscape, to no surprise, looks much riskier for 2023 com...

The greatest IT audit concerns lie with cybersecurity-related breaches and related risk issues. Data governance and data integrity are being scrutinized. Regulatory compliance burdens and risk are increasing rapidly. These are among the key takeaways from the results of the latest IT Audit Technology Risks Survey from ISACA and Protiviti, in which more than 7,500 IT audit leaders and professionals...

Innovation, transformation and the introduction of more advanced technologies are on the agendas of most groups in an organization today. The same certainly holds true for internal audit functions – but perhaps not at the same levels of engagement as departments such as finance and IT. In fact, the results of the latest Next-Generation Internal Audit Survey from Protiviti show that overall maturit...

Organizations are investing an average of 41% of their SOX internal costs for outsourced resources, compared with 37% last year. In this podcast, Protiviti Managing Directors Clint McPherson and Seth Schrank discuss opportunities to pursue procedural and structural changes in SOX compliance programs, most notably through the use of third-party delivery centers to handle the highly defined and repe...

“It's the end of the work as we know it, and I feel fine.” Our colleague Joe Kornik, Editor-in-Chief of VISION by Protiviti ( http://vision.protiviti.com ), wrote this in his latest feature article. This is true, but there also are many questions around the future of work, how we're going to balance work schedules, when and how frequently we’ll go into the office, how we’ll leverage new and emergi...

The past two years have seen unprecedented levels of innovation and transformation among organizations worldwide. Many organizations are operating in a significantly different manner than they did just a few years ago — focused on resilience, data access and governance, predictive analytics, enabling technologies, and more. Innovation and transformation, in fact, are now mainstays in ensuring busi...

Ongoing challenges triggered by a once-in-a-century airborne pandemic continue to unfold, reminding executives that the seemingly countless uncertainties in the market have triggered an overwhelming landscape of ever-changing risks they must manage. Staying abreast of emerging risk issues and opportunities is becoming increasingly difficult. Considering the rapid pace of disruptive innovation and...

In this episode, Jackie Sanz, Managing Director leading Protiviti’s Canadian Risk and Compliance solution, interviews Vlad Tasevski, Chief Operating Officer and Head of Product at Purpose Investments, and Elliot Johnson, Chief Investment officer and Chief Operation Officer at Evolve ETFs. Jackie, Vlad and Elliot discuss the current and future state of cryptocurrency. To learn more about Protiviti’...

Cybersecurity continues to be a critical area of concern for organizations and virtually any leader you ask – board members, CIOs, CFOs, and many more. But as elevated as those risks are today, the real threat may be just around the corner, particularly concerning cryptocurrency. Crypto has been viewed as highly secure, but the rapid emergence of quantum computing, which is set to deliver practica...

It has been an active and often wild ride in the IPO market over the past year. After a slow period during the heart of the initial COVID-19 crisis, market activity has reignited at a blistering pace, driven by optimism in the global economy and the emergence of special purpose acquisition companies, or SPACs, among other factors. There is ample excitement right now about IPOs, but there also are...

Like organizations in virtually every industry today, utilities are addressing a number of critical challenges and trends in the market, from infrastructure demands, to calls to improve the customer experience, to talent demands, and much more. How will the future for utilities evolve? In this informative podcast, Peter Tumminello and Claire Gotham offer a number of interesting insights into these...

The current and future state of suspicious activity monitoring and reporting is being transformed by technology and the use of data, analytics and robotics. In this episode, Mark Highton – Managing Director leading Protiviti’s Financial Crimes Consulting practice, interviews Vishal Ranjane – Head of Global AML Strategies, Solutions and Transformation at TD Bank, and Seth Twery – VP of Client Engag...

The range of challenges and uncertainty triggered by the pandemic continue to rise, but one key element has elevated as imminent - the future work environment. Do you know where all your employees are working? Which policy exceptions and accommodations do you need to amend or revise once your firm adopts a new, more permanent operating model? Are your systems able to provide proper oversight? This...

A global pandemic caused by a rare airborne virus that continues to affect organizations in different ways around the world. A growing number of stakeholders in organizations with whom internal audit needs to partner. Business models and a risk landscape with seemingly shorter cycle times than in years past. These challenges are among many facing Chief Audit executives and their teams. They unders...

The most significant technology risks for 2021 reflect the new world defined by COVID-19 and its impact on business conditions and priorities. What is increasingly apparent is that more digitally mature organizations have a clear advantage. ISACA and Protiviti recently conducted a global survey of more than 7,400 IT audit and risk leaders to obtain their perspectives on the top technology risks th...