The average annualized cost to manage sales and use tax is more than $63,000 for small companies and more than $393,000 for large organizations. Aberdeen’s Cost of Tax Compliance Survey outlined the most difficult components of sales and use tax management. The report uncovers the direct and indirect costs of managing sales and use tax […]
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Posted inData Privacy
The Elements of Privacy Risk – GRC Illustration
Organizations that handle personal information face increasingly complex challenges to effectively manage privacy risk and compliance. The impact of these challenges covers the entire information life cycle. Whether information is collected to support individual transactions, conduct research or meet legal requirements, the duty to keep that information secure and private arises. And when operations or […]
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Meet Dodd-Frank Act Recordkeeping Requirements
Dodd-Frank regulations have introduced wide-ranging legal, regulatory, and policy changes that impact how financial institutions manage their enterprise information. These include: Record retention of all related electronic communications 24-72 hour regulatory request response Regulator access to all related transaction information Event reconstruction with intelligent context HP invites you to learn more about these issues and […]
Posted inResource
Are CAE and audit committee priorities in sync?
The results are in—and the 2015 Governance, Risk and Compliance Survey suggests there are competing priorities between chief audit executives (CAEs) and audit committees. There’s a disconnect between audit committee members and CAEs when prioritizing audit risks. Audit committee members rate financial and compliance highly, while CAEs focus on compliance and operational risks. Data shows […]
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Understanding Business Ethics and Integrity
With the rise of transparency and readily available information, ethics and integrity programs are more important now than ever before. Consumers not only want high quality goods, but they want to have confidence the company they are doing business with is doing the right thing. Over the past decade, particularly given the rise of social […]
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Anti-Bribery and Corruption: A Changing Landscape
Most companies are well aware of the risks bribery and corruption pose when operating in the global marketplace. However, what companies may be overlooking is how quickly the landscape is changing—and how this dynamic shift can affect corporate compliance initiatives. With the recent up-tick in enforcement of the Foreign Corrupt Practices Act (FCPA) and the […]
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Enterprise-Level PDF Accessibility: Drivers, Challenges and Innovative Solutions
Over 20 million Americans suffer from vision loss and, per legal requirements, should have access to digital documents in alternate formats. Organizations are looking for ways to comply with current accessibility legislation to avoid lawsuits, penalties, and brand damage. It is vital to stay informed about available technology to proactively comply with the Americans with […]
Posted inAccounting & Auditing
Compliance Week Audit Information Survey
Download the results from Compliance Week’s survey of chief compliance officers and chief audit executives, asking them what information they present to the audit committee about audit firm engagements.
Posted inRisk Management
Harness Operational Risk with Enterprise GRC
Every organizational unit has some level of risk it must address. Yet, most internal teams lack the ability to identify priorities and accountability to stay ahead of new threats to the business, thus leaving the process of managing risk to be more reactive. While many risks exist within each function, there is often no connected […]
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Navigating the New Road to Revenue Recognition
Navigating the new revenue standard is one of the biggest challenges to face accounting practitioners in recent years. To help with this challenge, Bloomberg BNA has released a special report, Navigating the New Road to Revenue Recognition. This report provides you with the in-depth analysis you need to better understand the new rules, as well […]
