SOX

Transforming Accounting: FloQast Debuts New Solutions at TakeControl User Conference

Retrieved on: 
Wednesday, September 13, 2023

Today’s announcements come as FloQast also unveiled and detailed its vision for the future of generative AI and accounting during the conference.

Key Points: 
  • Today’s announcements come as FloQast also unveiled and detailed its vision for the future of generative AI and accounting during the conference.
  • By using generative AI, routine accounting tasks such as data entry, account reconciliations, and financial statement preparation can be further automated.
  • Key features include:
    Automated Reports and Scoping: FloQast Variance Analysis automatically generates reports by integrating directly with FloQast Close and major ERP systems.
  • Deeper Insights with Transaction Level Details: FloQast Variance Analysis gathers transaction details by vendor or department, centralizing the analysis workflow.

Kingston IronKey Extends Mobile Data Protection with Flagship Military-Grade D500S

Retrieved on: 
Tuesday, September 12, 2023

Kingston Digital, Inc., the Flash memory affiliate of Kingston Technology Company, Inc., a world leader in memory products and technology solutions, launched today the Best-in-Class Kingston IronKey™ D500S , hardware-encrypted USB flash drive providing military-grade security for classified data in transit.

Key Points: 
  • Kingston Digital, Inc., the Flash memory affiliate of Kingston Technology Company, Inc., a world leader in memory products and technology solutions, launched today the Best-in-Class Kingston IronKey™ D500S , hardware-encrypted USB flash drive providing military-grade security for classified data in transit.
  • View the full release here: https://www.businesswire.com/news/home/20230912773600/en/
    Kingston IronKey adds best-in-class D500S hardware-encrypted USB flash drive for large enterprises and governments.
  • D500S includes great features found in the Kingston IronKey lineup like XTS-AES 256-bit encryption, protection from BadUSB and Brute Force attacks with digitally signed firmware, Virtual Keyboard4 for keylogger and screenlogger protection, and D500S also boasts the industry’s first dual-partition option.
  • D500S upgrades the IronKey D300S with state-of-the-art security making for a complete security solution for high-value data protection for larger enterprises and governments,” said Richard Kanadjian, IronKey global business manager, Kingston.

New Protiviti Survey Finds Companies Prioritizing Enabling Technology for SOX Compliance

Retrieved on: 
Tuesday, September 12, 2023

MENLO PARK, Calif., Sept. 12, 2023 /PRNewswire/ -- The fourteenth annual Sarbanes-Oxley (SOX) Compliance Survey, conducted by global consulting firm Protiviti, finds that 74% of organizations are seeking opportunities to further enable automation, while 58% reported an increase in hours spent on SOX compliance in the last year. Companies are prioritizing investments in automation and broader enabling technologies, such as GRC solutions, as well as advanced technology tools, such as artificial intelligence (AI) and machine learning (ML) to support SOX compliance activities. These technologies help counteract pressure from the PCAOB and external auditors to increase scope and procedures. The SEC's recently adopted rules related to cybersecurity disclosures and highly anticipated climate disclosure rules only increase the potential for expanded scope.

Key Points: 
  • Companies are prioritizing investments in automation and broader enabling technologies, such as GRC solutions, as well as advanced technology tools, such as artificial intelligence (AI) and machine learning (ML) to support SOX compliance activities.
  • Companies prioritizing automation as a key tool to moderate rising cost pressures are experiencing increased efficiency, effectiveness and a decrease in business and operational costs.
  • The increase in hours spent on SOX compliance during the most recent fiscal year underscores the need to create and implement sustainable change through technology tools and automation.
  • The annual Protiviti SOX Compliance Survey benchmarks compliance costs, hours, processes and improvements, including how these areas are affected by current business conditions.

Casa Systems Appoints Former Cisco Global Service Provider CTO Colin Kincaid as Chief Product Officer, and Phil Paro as Chief Accounting Officer

Retrieved on: 
Wednesday, September 6, 2023

ANDOVER, Mass., Sept. 06, 2023 (GLOBE NEWSWIRE) -- Casa Systems (Nasdaq: CASA), a leading global provider of cloud-native software and broadband access, cable and cloud technology solutions for the world’s leading communication service providers, today announced the appointment of proven industry veteran Colin Kincaid as Chief Product Officer (CPO), while Phil Paro comes aboard as the Company’s new Chief Accounting Officer (CAO).

Key Points: 
  • ANDOVER, Mass., Sept. 06, 2023 (GLOBE NEWSWIRE) -- Casa Systems (Nasdaq: CASA), a leading global provider of cloud-native software and broadband access, cable and cloud technology solutions for the world’s leading communication service providers, today announced the appointment of proven industry veteran Colin Kincaid as Chief Product Officer (CPO), while Phil Paro comes aboard as the Company’s new Chief Accounting Officer (CAO).
  • Kincaid joins Casa Systems by way of Cisco where he most recently served as the Chief Technology Officer of Cisco’s Global Service Provider business.
  • “Joining Casa Systems presents a unique opportunity to harness this breadth of experience, driving innovation and growth in an environment that's both challenging and exciting.
  • Casa Systems is poised to redefine the future of cloud-native infrastructure, and I'm excited about my role in this next chapter.”
    In addition, the Company announced that Phil Paro joined Casa Systems on September 5, 2023, as its new Chief Accounting Officer.

DLA, LLC Announces Hiring of Managing Director, Maria Golenkov

Retrieved on: 
Wednesday, August 30, 2023

DLA, LLC (DLA), a leading provider of internal audit and accounting advisory services, is delighted to announce the addition of Maria Golenkov as Managing Director, Internal Audit.

Key Points: 
  • DLA, LLC (DLA), a leading provider of internal audit and accounting advisory services, is delighted to announce the addition of Maria Golenkov as Managing Director, Internal Audit.
  • Maria brings a wealth of expertise to fortify DLA's impactful portfolio.
  • Before joining DLA, Maria held the position of Director at a prominent Big Four Accounting firm.
  • As Managing Director, Internal Audit, Maria is set to elevate DLA's impact and reinforce its reputation for excellence in the realm of audit and advisory services.

DLA, LLC Announces Hiring of Paul Higgins

Retrieved on: 
Tuesday, August 22, 2023

DLA Welcomes Paul Higgins as Partner, Head of Insurance Practice & Chicago Office Leader: Elevating Internal Audit's Expertise and Industry Reach

Key Points: 
  • DLA Welcomes Paul Higgins as Partner, Head of Insurance Practice & Chicago Office Leader: Elevating Internal Audit's Expertise and Industry Reach
    DLA is thrilled to announce the appointment of Paul Higgins as Partner, Head of Insurance Practice & Chicago Office Leader.
  • Paul Higgins is a distinguished professional renowned for his remarkable achievements in leadership and risk management across the insurance sector, as well as in general financial services.
  • Founder & CEO David Landau notes, "We are embarking on an exciting new chapter with Paul Higgins leading our Insurance Practice and the opening of a Chicago office.
  • DLA's partnership with Paul Higgins marks the beginning of an exciting journey that bridges DLA's growth aspirations with Paul's extensive experience in insurance and financial services.

Ashland announces new general counsel

Retrieved on: 
Thursday, August 17, 2023

WILMINGTON, Del., Aug. 17, 2023 (GLOBE NEWSWIRE) -- Ashland Inc. (NYSE: ASH) today announced that its board of directors has approved the appointment of Robin Lampkin as senior vice president, general counsel and secretary.

Key Points: 
  • WILMINGTON, Del., Aug. 17, 2023 (GLOBE NEWSWIRE) -- Ashland Inc. (NYSE: ASH) today announced that its board of directors has approved the appointment of Robin Lampkin as senior vice president, general counsel and secretary.
  • Lampkin joined Ashland in 1991 and has held various roles throughout her 32-year tenure including tort litigation and global environmental regulatory and remediation.
  • As Ashland’s chief compliance officer, she has deep corporate governance experience partnering with a variety of stakeholders on global regulatory compliance, training programs, policy administration and ethics investigations.
  • “Robin is a valued member of our executive leadership team and her commitment to our core values has been essential to the management of the company’s transformation,” said Guillermo Novo, chair and chief executive officer, Ashland.

Nyriad and RackTop Systems Partner to Revolutionize Secure File Storage

Retrieved on: 
Wednesday, August 16, 2023

Nyriad ® and RackTop® Systems today announced a strategic partnership, uniting RackTop’s industry-leading BrickStor SP cyberstorage platform with Nyriad’s groundbreaking UltraIO™ GPU-accelerated storage system.

Key Points: 
  • Nyriad ® and RackTop® Systems today announced a strategic partnership, uniting RackTop’s industry-leading BrickStor SP cyberstorage platform with Nyriad’s groundbreaking UltraIO™ GPU-accelerated storage system.
  • “We are excited to partner with RackTop Systems to provide a groundbreaking storage solution that enhances data security and addresses the evolving challenges of the digital era,” said Derek Dicker, CEO, Nyriad.
  • Nyriad and RackTop recently joined forces to enhance the performance, efficiency, security, and cost-effectiveness of a prestigious health science university's e-Learning applications and video surveillance systems.
  • For more information about the partnership between Nyriad and RackTop Systems, please visit: https://www.nyriad.io/ultraio-data-storage-for-racktop-brickstor-sp .

CNM LLP Expands Leadership Team With Addition of Direct Admit Partner Octavio Dossi Neto

Retrieved on: 
Monday, August 14, 2023

CNM LLP , a leading technical advisory firm, announced today that Octavio Dossi Neto has joined the firm as Direct Admit Partner.

Key Points: 
  • CNM LLP , a leading technical advisory firm, announced today that Octavio Dossi Neto has joined the firm as Direct Admit Partner.
  • Dossi Neto will lead CNM's Internal Controls & SOX service line in its Orange County, California office and support their Accounting & Transaction Advisory practice in the region.
  • The addition of Dossi Neto to CNM LLP’s leadership team underscores the firm’s commitment to its growth strategy, which recently included the addition of Bill Strong as its President and opening of its first international office in Kuala Lumpur, Malaysia in March 2023.
  • “Stepping into this role, I already have a strong understanding of CNM’s culture, which aligns perfectly with my own values,” says Dossi Neto.

Led by Mike Levy, Cherry Hill Advisory Expands as Premier Firm for Risk Advisory, CFO Services, and Cybersecurity Consulting

Retrieved on: 
Thursday, August 17, 2023

COLLINGSWOOD, N.J., Aug. 17, 2023 /PRNewswire/ -- Cherry Hill Advisory (CHA), is excited to announce its expansion as a leading consulting firm specializing in risk advisory, CFO services, and cybersecurity consulting. With a team of seasoned professionals, CHA aims to optimize financial and operational performance while mitigating risks in today's evolving digital landscape.

Key Points: 
  • COLLINGSWOOD, N.J., Aug. 17, 2023 /PRNewswire/ -- Cherry Hill Advisory (CHA), is excited to announce its expansion as a leading consulting firm specializing in risk advisory, CFO services, and cybersecurity consulting.
  • As businesses grapple with complex challenges and regulatory requirements, CHA offers specialized expertise supporting domestic and international organizations.
  • The firm provides tailored solutions to help clients navigate obstacles and achieve sustainable success.
  • Our firm is a trusted partner for organizations seeking to reduce their risk and increase efficiency, all while enhancing profitability."