Leading Insights Blog

Human oversight over AI is necessary, including ethical dilemmas, accountability and responsibility concerns, and the complexities of navigating ambiguous scenarios. This oversight promotes an upscaling of existing job markets into supervisory and higher-level roles as AI continues to expand.

The emergence of conversational AI has heralded a new era in human-computer interaction, transcending the boundaries of what was once thought possible.

Technological developments have changed how auditors and clients perform work and support business decisions. As clients’ expectations continue to evolve, the auditors’ use of technology will need to expand to keep pace.

How do User Entities gain assurance that the outsourced controls relevant to their financial reporting processes are effective? That is where a SOC 1® Report comes into the picture. The SOC 1® Report provides User Entities with assurance that the controls that Service Organizations have put in place to protect their assets are effective.

The future Project Management Office (PMO), if structured and scoped correctly, can bring greater focus and agility to accomplish organizational goals.

Government agencies and companies alike are implementing automation processes to optimize performance and increase productivity, among other benefits.

Vulnerability scanning can seem like a daunting task, but protecting the data is of the utmost importance in today’s ever-expanding digital world.

The National Health Care Anti-Fraud Association estimates that three to 10% of overall healthcare spend is fraudulent, which means that between $123 and $410 billion in U.S. healthcare spend is impacted.

Creating effective dashboards allows oversight and monitoring to move more quickly and gives the ability to focus on areas of concern that matter to stakeholders.

The Pandemic Response Accountability Committee (PRAC) is using new approaches, different from traditional oversight methods of the past. By breaking down traditional barriers and opening doors, PRAC leaders are applying a “best and brightest” approach, with ongoing collaboration, data analytics, resource sharing, better communication, and proactive and more concise reporting and spending transparency, all largely in a remote work environment.

The ingenuity of cyber-attacks is increasing every day, and each organization must have that same thought process when conceptualizing a Zero Trust environment.

To pass an audit, an agency must provide auditors with evidence from both FedRAMP and the agency’s authorizing official that supports the agency’s understanding of the shared responsibility for security controls, as well as the key roles of both a P-ATO and an agency‑issued ATO in maintaining effective implementation and use of a CSO.

Delivery of pandemic relief benefits required workarounds and innovative approaches under daunting circumstances. This experience led to the recognition of the need to invest in systems, technology, and streamlined but controlled processes to deliver benefits timely and accurately in the future.

The Information Age has created a universe of data requiring rapid organizational change. The volume, velocity, and variety of the data has resulted in disjointed systems, siloed repositories, and a lack of communication around common challenges. As data degrades over time, the amount of organizational effort required to correct it grows exponentially.

G-invoicing is not an all-encompassing solution; there are areas in which G-invoicing falls short, such as designing Internal Controls related to Intergovernmental Transactions (IGT) buying and selling, receipt and acceptance, and practical applications of G-Invoicing. Agencies will need to focus on key areas, including data element review, interface requirement review, and updates to Internal Control and process documentation, for G-Invoicing to be successful.