By Matt Kelly, Radical Compliance For more than 20 years now, internal audit and corporate accounting teams have strived to build effective internal accounting controls — necessary for strong financial reporting, Sarbanes-Oxley compliance, anti-fraud programs, and more. ...
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The days of a cybersecurity breach being only “an IT issue” are over. During his years as an internal audit leader, Grant Ostler, Executive Advisor of Pro Groups, survived two cybersecurity incidents. And while he can confidently say it is never fun, it’s much more painful to go through one...
Former high-level staff of the Securities and Exchange Commission spent an hour answering live questions in front of nearly 400 people who attended the SEC Professionals Group Q3 national meeting in Nashville during the Workiva Amplify conference. Pro Group chapters across the country also tuned...
By George Wilson In this post from May 2023 , we overviewed four FASB projects that will likely require significant implementation efforts. These coming new standards will require new disclosures that will involve system and reporting complexities. The four projects are: ...
The San Antonio chapter hosted our Q2 national meeting, which featured Emily Pierce, formerly of the SEC’s Office of International Affairs and currently the Chief Global Policy Officer at the climate management platform Persefoni. She fielded questions from Pro Group Executive Advisor Steve...
By George Wilson On June 13, 2023, the Office of Information and Regulatory Affairs, of the U.S. Government’s Office of Management and Budget, released the “Spring 2023 Unified Agenda of Regulatory and Deregulatory Actions,” which includes the short-term and long-term projects...
By George Wilson While the FASB’s current technical agenda does not include landmark projects like revenue recognition and lease accounting, the Board is working on several projects that may significantly impact company reporting. Four projects to watch are: Segment Reporting...
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