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The Auditor’s Role in Advancing Communications

Posted by - October 26, 2017
Part 3 in a Series Exploring the “Auditor of the Future” In this series, Protiviti’s Jim DeLoach and Brian Christensen have put forth 20 potential ways the Chief Audit Executive or internal audit lead can advance his or her relationship with the audit committee. Parts 1 and 2 focused on…
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Risk Management: Avoiding Blind Spots

Posted by - October 2, 2017
Addressing the Bias Problem Though virtually every involved party was at fault to some degree, bias on multiple fronts was largely the cause of the 2008 financial crisis. Given that bias in risk management can result in a disastrous event such as this one, protecting against biases is critical. Jim…
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5 Ways to Elevate the Board’s Oversight of Compliance

Posted by - September 29, 2017
Expanding the View to Include Culture Does your organization view compliance as a “check the box” exercise? Many companies do. Chuck Saia, CEO of Deloitte Risk and Financial Advisory, feels differently and shares five ways a board can start broadening its view – and management’s view – of compliance to…
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The Top 5 Mistakes Boards Make in Overseeing Compliance

Posted by - September 15, 2017
How to Avoid Costly Missteps Russell Reynolds Associates’ Cynthia Dow and Anthony Goodman, compliance and board experts, interviewed leading chief legal officers, chief compliance officers, former investigators and board directions to under the biggest compliance missteps boards make. with co-author Anthony Goodman We can all easily recount a recent compliance…
team in boardroom

Fed to Lessen Supervisory Expectations on Boards

Posted by - September 6, 2017
Proposed Guidance for Banks and Holdings Companies In August, the Board of Governors of the Federal Reserve published proposed guidance on certain supervisory expectations for Boards of Directors of banks and holding companies. The proposed guidance would attempt to clarify the process that Federal Reserve examiners and supervisory staff should…
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Activists’ Expanding Influence in M&As

Posted by - August 8, 2017
Corporate Governance and M&A in the Age of the Activist Activist campaigns and predictions are dominating the headlines this year as shareholders are calling for changes at companies across the globe. With this constant flow of shareholder activity, governance has climbed up the priority list for corporate boards — particularly…
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5 Ways Boards Must Improve Compliance Oversight

Posted by - August 7, 2017
Control or be Controlled: 5 Problem Areas for Boards Compliance is evolving, and board members may now be unsure of their related responsibilities. Board members are more and more reliant on the data obtained from information systems to make their decisions. How can they use this information, and what are…
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CEOs Must Support Their Compliance Officers

Posted by - August 4, 2017
Here’s How They’re Failing The relationship between compliance officers and the company’s top leadership is a hot one these days, and there are specific ways CEOs can be more effectively supporting compliance practitioners. It’s a complex relationship, but one bears improving in many cases. Avani Desai offers insights into just…
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Preparing to Hyperlink

Posted by - June 7, 2017
8 Helpful Tips Issuers Should Know The SEC’s new rule amendment requiring issuers who present exhibits in numerous regulatory forms to begin providing active hyperlinks is drumming up plenty of questions. The confusion is particularly acute because larger issuers are required to begin adhering to the SEC’s new hyperlinking rule Sept.…
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Digital Transformation

Posted by - May 25, 2017
Digital transformation is among the top priorities for boards of directors in 2017, as boards are trying to become tech savvy. In the digital age, apps are ubiquitous, and knowledge about digital transformation is crucial. Tobias Häckermann outlines some of the most essential digital concepts boards should be well-acquainted with.
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Boards Still Lack Basic Security & Risk Practices

Posted by - May 24, 2017
Diligent, a leading expert in corporate compliance and board governance, has recently released a report examining boardroom communications and the dangers posed by a glaring gap in directors’ digital diligence and their understanding of cybersecurity. Without an understanding of just how dangerous their online communications practices can be, the risk…
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Self-Appointed Leadership Positions

Posted by - March 2, 2017
The vast majority of board candidates are self-appointed leaders – those who have created a high level of visibility for themselves, directed efforts to achieve superior results and created learning opportunities for themselves to advance their expertise and position themselves for advancement. Here are a few tips to help board…