The Financial Services Sector Coordinating Council (FSSCC) is an industry-led non-profit organization established nearly twenty years ago. Its focus is to protect critical financial infrastructure..

Most companies have heard that the CECL model emphasizes the need to recognize “expected” credit losses over the contractual life of the loan versus the current “incurred” loss approach, which..

When it comes to cybersecurity, those in the financial sector should consider alignment to the Financial Services Sector Coordinating Council’s (FSSCC) Cybersecurity Profile by incorporating their..

For many, June 30 represents the end of the second fiscal quarter (also often referred to as “Filer Status Day”), marking the date by which companies re-evaluate their SEC filing status by..

Workday’s Community – an interactive space designed for collaboration, networking, and learning – can be a great resource for your Workday-related questions, but it can also be intimidating to..

Credit unions and other entities who have yet to adopt Current Expected Credit Loss (CECL) need to consider how to handle the allowance modeling. One of the earliest and most critical decisions in..

Workday is a powerful system, and the search bar can be a great tool, but did you know that there are several other features in Workday that can help the system really work for you?

Current Expected Credit Losses (CECL) may be the most sweeping accounting change to ever hit the financial services industry. CECL impacts virtually every regulated and non-regulated financial..

Businesses must operate in a landscape of increasing complexity and ever-changing risk and regulatory environments. The speed of change - both internal and external - to organizations continues to..

Over the past few years, the Internal Audit profession has been learning the “agile” approach to value creation. Software developers use the agile methodology to develop and test cutting-edge..

In the fall of 2021, Workday will be releasing People Experience – an exciting new platform aimed at improving efficiency, knowledge sharing, and collaboration. People Experience, or PEX, not only..

The COVID-19 pandemic has accelerated the pace of digital transformation, forcing businesses to evaluate how to better engage their teams and achieve strategic goals. As trusted advisors, internal..

Special Purpose Acquisition Company (SPAC) is the hottest acronym to hit the accounting streets since generally accepted accounting principles (GAAP) and internal controls over financial reporting..

An important area for companies to examine as part of their M&A process is supply chain risk, what it is, and how it pertains to cybersecurity. Most importantly, why does it matter to the mergers..

In recent years, the adoption of the General Data Protection Regulation (GDPR) in the European Union (EU), the passing of the California Consumer Privacy Act (CCPA), and several other state-level..

While strong policy and governance are vital to an enterprise’s security posture, adequate technical solutions that address security risks should be implemented. This is particularly important..

Active capital markets and an unprecedented 2020 resulted in an increase in popularity of Special Purpose Acquisition Companies (SPACs) as an alternative way to raise capital compared to a..

During the mergers and acquisitions process, thorough cybersecurity due diligence is vital. Ideally, the structure and governance of both companies should be as similar as possible to allow a more..

Prior to entering into a business agreement with another entity, organizations need to identify incompatible business processes, potential integration problems, or unexpected liabilities through a..