Compliance Archives - ACL

When does transaction monitoring become a control?

John Verver, CPA CA, CISA, CMC Advisor to ACL      Analytics and improving the SOX compliance process Using the right technology in the right way can do a lot to help reduce the costs and efforts involved in SOX compliance. One of the quickest wins...

Higher education institutions should centralize compliance efforts

Compliance in the higher education sector is a big deal, a really big deal. Compliance failures can be incredibly damaging for the 4000+ universities and colleges throughout the US, especially with increasing media vigilance. There have been many high-profile examples...

Three simple steps to tackle compliance the ACL way

To comply or not to comply? That is NOT the question. Taking a black and white approach to compliance is ideal and easy, but with increasing risk in today’s business landscape, compliance management is complex. Addressing every single regulation, standard or rule, and...

✅Buyer’s Checklist: Compliance Management Technology

Whether you’re looking to implement a compliance management system or rebooting your current system, this technology buying guide covers the core functional elements that make a big difference in the efficiency of a regulatory or policy compliance management system,...

Common compliance management challenges

Many businesses and government entities are struggling to manage compliance requirements. For many, the whole experience has evolved like the proverbial frog in a pan of increasingly hot water. They have put up with things for so long, often with limited resources,...

Fact-checking your bank compliance program in a Trump era

CCAR, DFAST, SOX, SCAP requirements for IHCs, BHCs, and FBOs selling MBS and CDOs…WTH?! The financial world operates in acronyms but this is really an indication of today’s complex regulatory environment. Now, more than ever, there are more risks, more laws and more...

Automating controls and SOX testing

Rich Lanza CPA, CFE A Time Savings Project Which Opens the Door to Improved Process Intelligence A cost drain on most audit departments is control testing, which takes many forms but is generally a manual sample testing (i.e., 30 units) whether certain control...