ThomsonReuters

FEBRUARY 16, 2024

Country-by-Country Reporting (CbCR) laws also complicate compliance matters. This lack of standardization and controls increases the risk of costly errors, undermines tax compliance, and may cause companies to take inconsistent tax positions that are more likely to be discovered by authorities.

Technology 96

Technology Compliance Start-ups Finance 96

Audit Board

JUNE 21, 2022

We’ve collected a summary of key features released in Q2 2022, with the opportunity to learn more about additional product releases in the AuditBoard Help Center. . AuditBoard Automation streamlines critical time- and labor-intensive compliance processes. Automated Evidence Collection. Collect once, use many! . In Case You Missed It.

Compliance 52

Compliance 52

Reynolds Holding

FEBRUARY 6, 2024

Clearly, the SEC is aware of this issue and holds corporate boards responsible for implementing effective disclosure controls. Moreover, the board’s disclosure policy and control roles we focus on are similar in spirit to the role attributed to corporate governance in regard to financial reporting quality. a new weight-loss drug).

Compliance 64

Compliance Marketability 64

Audit Board

APRIL 4, 2023

Continuous compliance begins with leadership and strategy — after which the responsibility must be passed off between compliance teams and their stakeholders. AuditBoard’s InfoSec Survival Guide: Achieving Continuous Compliance explores why stakeholders are as essential to compliance as branches are to a tree.

Compliance 52

Compliance Start-ups Technology Marketability 52

Internal Audit 360

APRIL 27, 2023

In many recent reviews, I’ve noticed an increase in the number of financial institutions that don’t fully understand the difference between internal audit and quality control. ” Internal audit involves evaluating and testing an organization’s financial, operational, and compliance risks and controls.

Compliance 98

Compliance Technology 98

ThomsonReuters

FEBRUARY 6, 2024

Now compound that with the number of possible product taxability changes. An automation solution returns an accurate tax calculation for seamless compliance when you cross a threshold in any tax jurisdiction. Have I met the economic threshold in that state? Take into consideration the number of tax rate changes and new tax rates.

Compliance 98

Compliance 98

Audit Board

JANUARY 31, 2023

In our Spotlight on Success series, Gene Litvin, Manager, IT Governance, Risk, and Compliance of Edgewell Personal Care Company , shares how his team is taking advantage of connected data, greater visibility into status, and enhanced collaboration from expanding their use of the AuditBoard platform across the organization.

Compliance 52

Compliance Start-ups Marketability 52

Audit Board

OCTOBER 23, 2023

Thousands of audit, risk, sustainability, and compliance professionals tuned in virtually for Audit & Beyond 2023 , AuditBoard’s fifth annual user conference, joined by hundreds who attended the event at Marriott Marquis San Diego Marina in San Diego, CA. But in today’s volatile world, should you aspire only to ESG compliance?

Compliance 69

Compliance Technology 69

Audit Board

JANUARY 4, 2023

Passing separate privacy laws is creating compliance issues for companies based or doing business in these states. Figuring out how to comply with the laws requires such businesses to understand each state’s privacy laws and design a privacy and cybersecurity program to maintain compliance with the various state privacy laws at the same time.

Compliance 52

Compliance B2B 52

Audit Board

NOVEMBER 8, 2023

To meet the PCI DSS standards, companies need to understand their unique compliance requirements, their payment applications, payment processing workflows, and the system components and sensitive data that makes up their CDE. As with all things compliance, the Payment Card Industry (PCI) likes its acronyms.

Compliance 52

Compliance Start-ups Banking Technology 52

ThomsonReuters

NOVEMBER 16, 2023

In the second installment of our three-part series on e-invoicing, we will explore how e-invoicing and continuous transaction control (CTC) regulations impact tax compliance, and examine some of the challenges and considerations that corporate tax teams may encounter.

Compliance 59

Compliance Technology Finance Marketability 59

Audit Board

SEPTEMBER 14, 2023

An effective vendor risk management process allows companies to identify risks associated with third-party vendors, understand the impact of third-parties on the organization, meet compliance and regulatory requirements like GDPR and HIPAA that require VRM controls, and foster mutually beneficial vendor relationships.

Compliance 52

Compliance Start-ups Accounting Firms Technology 52

ThomsonReuters

FEBRUARY 13, 2024

At a recent Thomson Reuters event, Liz Connell, Senior Director of Product Management at ONESOURCE Global Trade , discussed why AI is relevant to global trade and how it can be applied effectively. AI is the answer: AI can automate repetitive processes, such as in product classification.

Compliance 52

Compliance Technology 52

ThomsonReuters

JUNE 15, 2023

In an effort to improve quality, quantity, productivity, and the bottom line, technology is the way of the future. How can audit firms balance the need for innovation with the need for risk management and regulatory compliance? Cloud-based systems streamline workflow and communication, which allows teams to focus on higher-value tasks.

Compliance 96

Compliance Technology Accounting Firms 96

ThomsonReuters

JANUARY 31, 2022

More than 200 countries use the HS to categorize trade products in over 5,000 commodity groups. As anticipated, the latest round of changes are significant: 351 sets of amendments covering a wide range of products and product groups. The costs of global trade non-compliance. Why the HS is important to international trade.

Compliance 98

Compliance Technology Marketability 98

Audit Board

JANUARY 12, 2023

This Cybersecurity Risk Assessment Guide provides specific guidance on how organizations may choose to build a cybersecurity risk management program that will ensure compliance with commonly-used cybersecurity frameworks. Identified Risk: Regulatory and Mandate Compliance. Identified Risk: Fines for Non-Compliance/Financial Sanctions.

Compliance 97

Compliance Start-ups Asset-based Approach Specific Risk 97

Benzinga

APRIL 11, 2024

an industry pioneer in providing high-speed, asymmetric, camera, sensor and display connectivity technologies and products based on the Automotive SerDes Alliance (ASA) open standard for in-vehicle networking (IVN). (NASDAQ: MCHP ) today announces the completed acquisition of Seoul, Korea-based VSI Co.

Marketability 40

Marketability Technology Compliance 40

Reynolds Holding

APRIL 18, 2024

One of the hallmarks of PCCE is that it brings together academics, regulators, and industry professionals, and allows us to have candid conversations about corporate misconduct and the ways in which we can all work together to improve compliance. And that’s precisely what I’d like to do this afternoon. I’ll simply note they exist. [5]

Compliance 45

Compliance Technology Start-ups Marketability 45

ThomsonReuters

JANUARY 8, 2024

70% revenue boost seen by implementing data quality best practices Improved compliance and risk management Ensuring compliance with ever-evolving regulations is a critical responsibility for tax and accounting professionals. AI-powered compliance tools can assist in identifying potential risks and anomalies in financial data.

Data Analysis 101

Data Analysis Compliance Technology Banking 101

Internal Audit 360

DECEMBER 6, 2023

.” Just as greenwashing involves misleading claims about a company’s environmental practices, AI washing involves exaggerating or falsifying the use of artificial intelligence (AI) in products, services, or processes. These lawsuits can result in substantial financial penalties and damage control efforts.

Compliance 52

Compliance Technology Marketability 52

Audit Board

MARCH 15, 2022

Issues in the supply chain, such as production slowdowns, inventory shortages, or delayed delivery, impact businesses and consumers alike. A supply chain audit reviews any or all of the activities and processes that an organization follows to deliver products or services to its customers. Contract Compliance Risk. Quality Risk.

Compliance 98

Compliance Start-ups 98

ThomsonReuters

NOVEMBER 29, 2023

Most tax professionals know that dealing with forces beyond their control—and the costly disruptions they cause—is a way of life. Automation is also considered an essential part of improving processes and productivity. Unfortunately, many tax departments are feeling a strain on their resources as a result of these events.

Compliance 98

Compliance Technology Marketability 98

ThomsonReuters

MAY 27, 2022

In a recent webcast , Virginia Thompson, Senior Product Manager at Thomson Reuters, and Jeff Rohe, Vice President and Product Manager at Infor, discussed the latest global regulatory changes that businesses need to know to mitigate international trade risk and remain compliant. Border regulations affecting supply chain compliance.

Compliance 93

Compliance eCommerce Start-ups Technology 93

ThomsonReuters

APRIL 8, 2024

It can cause anxiety, but may also present tremendous opportunities, according to panelists for the Thomson Reuters webinar: “ From Compliance Necessity to Strategic Advantage: How can you master the tax provision process?” “The However, many other tax leaders are relying on their country’s controllers.

Compliance 52

Compliance Technology Finance 52

Benzinga

MARCH 25, 2024

Chicago, March 25, 2024 (GLOBE NEWSWIRE) -- The Open Banking Solutions Market size is expected to grow from USD 5.5 billion in 2023 to USD 11.7 Chicago, March 25, 2024 (GLOBE NEWSWIRE) -- The Open Banking Solutions Market size is expected to grow from USD 5.5 billion in 2023 to USD 11.7

Banking 40

Banking Marketability Compliance Technology 40

Audit Board

APRIL 5, 2023

The Sarbanes-Oxley Act (SOX) has been around for 20 years, but many companies still operate their financial reporting controls like they did when first implementing the program. Control Certification surveys will warn you that a set of controls may need revisions. Chief Audit Executive or Chief Compliance Officer, etc.)

Compliance 52

Compliance Technology 52

ThomsonReuters

MAY 27, 2022

See how organizations are developing strategies to mitigate different forms of supply chain risk in our free on-demand webinar, Impact of sanctions and export controls on global supply chains. Stay current with trade regulations and compliance requirements. Ensure supply chain compliance through automation.

Compliance 96

Compliance Technology Marketability 96

ThomsonReuters

JULY 7, 2022

The letter outlines steps plan sponsors and insurers can follow to ensure compliance and avoid future enforcement actions. The FAQs cautioned that the agencies are actively investigating compliance and may take enforcement or other corrective actions. See also EBIA’s Self-Insured Health Plans manual at Section XIII.C.1

Compliance 52

Compliance Treasury 52

ThomsonReuters

JULY 2, 2021

And competition for products and materials as the world emerges from the COVID-19 pandemic has become extraordinarily intense. At the very least, companies need to: develop an efficient process for classifying products in both the EU and UK. analyze supply chain flows to understand country origins for all products and materials.

Compliance 98

Compliance Technology Start-ups 98

Audit Board

DECEMBER 7, 2022

We’ve collected a summary of key features released in Q4 2022, with the opportunity for customers to learn more about additional product releases in the AuditBoard Help Center. . AuditBoard customers can click here to learn about even more product features now available to you as of Q4 2022. ESG & Sustainability Operationalized.

Compliance 52

Compliance Marketability 52

Value Scope

JANUARY 13, 2021

And this issue boils down to the valuation point, the physical location where the commodity or products are measured. Oil and gas production is a supply chain that ends up in a place where the commodity is changed into something that is useful, like fuel, rubber, or natural gas that is dry and safe to burn in a power plant.

Fair Market Value 130

Fair Market Value Discounted Cash Flow Treasury Marketability 130

Audit Board

SEPTEMBER 29, 2023

In addition, escalating IT compliance risk — exemplified by the recent passage of the SEC’s new cybersecurity disclosure rules in the U.S. This highlights the major opportunity for insurance companies to invest in strong IT risk and compliance programs as a competitive advantage. To get the PDF version, download here.

Compliance 52

Compliance Technology Finance Marketability 52

ThomsonReuters

OCTOBER 10, 2023

Inventory management Flexibility: Businesses can strategically store inventory in bonded warehouses, allowing them to control stock levels based on market demand and fluctuations. This allows products to be enhanced before they enter the domestic market or are re-exported. Strict compliance requirements : U.S. Both a U.S.

Compliance 52

Compliance Marketability 52

ThomsonReuters

FEBRUARY 15, 2021

For businesses and multinationals doing business in or with the UK, Brexit has created an avalanche of trade compliance complications. In theory, the UKGT reduces and simplifies tariffs on thousands of goods entering the UK and removes tariffs entirely on certain raw goods and other products deemed beneficial to UK businesses.

Compliance 105

Compliance Technology Start-ups 105

Audit Board

JANUARY 11, 2023

Organizations rely on third-party suppliers for products and services necessary to operate; however, these relationships inherently introduce risk to organizations. Third-party risk categorization and assignment of key controls: TPRM solutions assess and rank vendor risk, basing the level and frequency of review on this risk rating.

Compliance 52

Compliance 52

ThomsonReuters

DECEMBER 19, 2023

From staying informed on ESG trends and regulations to identifying green tax breaks, more and more businesses are turning to accountants for ESG reporting and compliance. Employee benefits and well-being programs can have tax advantages, and a satisfied and engaged workforce can enhance overall productivity. In the U.S.,

Compliance 52

Compliance Finance Accounting Firms Marketability 52

Audit Board

NOVEMBER 1, 2023

IT risk assessments can be a great way to gain insight into your organization’s IT environment, risks, and controls. When completed in a methodical and well-scoped manner, IT risk assessments can be an extremely valuable tool for many stakeholders across the organization, including enterprise risk, audit, compliance, and security departments.

Compliance 52

Compliance Technology Dividends Start-ups 52