accounting impacts. 5%. Systems requirements development. Beyond your specific financial reporting duties, what compliance issue most keeps you up at night ...
Annual Accounting and Financial Reporting Symposium Internal controls over financial reporting (ICFR) and cyber security risks are growing concerns for executives responsible for reporting corporate financial performance. Those two issues topped executives’ list when asked what kept them up at night.
ICFR
Cyber Security
21% 2016
13% 2016
30
%
22
%
2017
2017
Where are you currently in your implementation of the lease accounting standard?
34%
18%
19%
5%
Not yet begun
Lease inventory completed
Assessment of accounting impacts
Systems requirements development
9%
13%
1%
Software vendor selection
Implementation in progress
Implementation completed
Beyond your specific financial reporting duties, what compliance issue most keeps you up at night?
30%
ICFR
22%
Data infiltration and IT security
%
19
The specter of future regulatory mandates
8
Other current regulatory compliance issues
%
12
Anticipating and staying ahead of future investor reporting demands
9%
Tax compliance
%
Including critical audit matters (CAMs) in the auditor’s report will help our investors gain insights into my company.
4 29% 23% 31% 13% %
How concerned are you about cyber security?
Strongly agree
55%
Agree
42%
Neither agree nor disagree
Somewhat concerned
3%
Disagree
Very concerned
Not concerned
Strongly disagree
My organization has increased investment in new technology in the past year specifically to enhance financial reporting.
63
%
37%
My financial reporting organization is struggling to keep pace with the rate of technological innovation in our sector.
Apr 5, 2016 - uses Instagram and Twitter to espouse his policy. In New .... on Facebook, Twitter, and Instagram to find out ...... Adele is an Associate Director.
KPMG in India has been at the forefront, dispensing ..... last study published, showcases that email- ... to sensitive data and information on corporate network.
concerns of CEOs, and provides a clear picture of how today's business leaders are moving .... companies that are buffeted by the same macro trends affecting.
cybersecurity programme objectives through their board room ... on cybersecurity and cybercrime. The dangers we ..... (IoT, cloud, mobility, Robotic Process.
2016 KPMG LLP, a Canadian limited liability partnership and a member firm of the KPMG ... business environment has given rise to a number of reporting trends.
What department do you currently report into? Finance. Logistics. International trade and customs. Supply chain. Tax. Legal. Procurement. Internal compliance.
Customer loyalty is a concern for. 90 percent of CEOs. Just over half believe they are not keeping pace with customer expectations. Two-thirds of CEOs are concerned that their organizations are not disrupting business models. CEOs named data and anal
2016 KPMG LLP, a Canadian limited liability partnership and a member firm of ...... (USD). Reserves. 1,000. 1,449. 1,168. 1,200. Resources. 1,100. 1,500. 1,314.
businesses, coupled with this smoothing of demand, ... potentially high cost to their business. ... to identify and analyse trends impacting the retail industry.
But in this year's CIO Survey, technology leaders are telling us that change has reached ... organization, and your career, through an uncertain world.
how competitors are now co-operating in 'business ecosystems'. ..... half of the largest companies now have a CDO in ...... Telecommunications companies are.
an indirect tax administered by central government. The United ..... Social Security (Employer) Tax Rates. Increases. COUNTRY. 2014. 2015. ARUBA. 10. 10.5.
