Compliance

Firms of all sizes should be prepared to respond appropriately and help their clients protect the health and safety of their workforce by complying with ever-changing guidelines from federal, state and local authorities.

The pandemic is introducing changes — potentially significant ones — to the SOX compliance process.

RiskOversight is designed to elevate and execute risk management programs across the enterprise, including risk identification, assessment, response, mitigation and monitoring.

More than half of compliance officers believe they don’t have enough resources to carry out their function adequately, and nearly a third say their auditing and monitoring process is insufficient, according to a new survey.

As part of this year’s Top 100 Most Influential People survey, Accounting Today asked, “What is the most important issue currently facing the accounting profession?”

Accenture has introduced a “compliance as a service” (CaaS) offering for financial institutions, fintech and technology companies to combat financial crime and remain compliant with current regulations.

Workiva, which provides Cloud-based reporting and compliance solutions, and BlackLine, which makes financial close software, have created and integration between their platforms.

Between federal, state and local rules, hosts need to be sure they’re in compliance.