Browsing: readiness

While DISE does not change the face of the income statement, it will require organizations to evaluate how expense information is captured, accumulated, reported, reviewed, and supported. Depending on an entity’s existing systems and processes, implementation could involve considerations related to data availability, reporting processes, internal controls, estimation methodologies, and the processes used to review,…

Preparing for the annual financial statement audit can feel overwhelming for public sector entities, particularly for finance teams balancing daily operations, compliance requirements, and reporting deadlines. Audit preparation can often be treated as a year-end event rather than a year-round process. To help reduce year-end stress and strengthen financial data quality, documentation readiness, and communication…

In many ways, developing and deploying AI resembles the implementation of other technology: define requirements, build or configure, test, approve and operate. Many of the “traditional” risks, like appropriate user access, change management, segregation of duties, security and data interfaces, still apply.

Black Friday and Cyber Monday represent one of the biggest opportunities—and one of the greatest operational tests—for ecommerce and retail brands. In 2024, U.S. online spending on Black Friday reached $10.8 billion, while global Cyber Week spending totaled $315 billion. With this level of demand concentrated into a short period, even small weaknesses in tracking,…