In the second episode of the AI Compliance series, host Lauren Ross is joined by Steve Ursillo, Partner in Cybersecurity at Cherry Bekaert, and Morgan Hague, Senior Manager at Meditology Services. Listen in as they explore the evolving landscape of artificial intelligence (AI) regulations, including the impact of the European Union (EU) AI Act and U.S. executive orders, and how organizations can proactively prepare for regulatory uncertainty. The episode also covers what enterprises sho...

In the kickoff episode of the Risk and Cybersecurity podcast’s AI Compliance series, host Lauren Ross welcomes Steve Ursillo, Partner in Cybersecurity at Cherry Bekaert, and Morgan Hague, Senior Manager at Meditology Services, for a deep dive into the frameworks shaping responsible artificial intelligence (AI). The conversation unpacks how standards like SOC 2, ISO 42001, and the National Insititue of Standards and Technology’s (NIST) AI Risk Management Framework are evolving to address...

In this episode of our Internal Audit podcast series, John Heagy, Senior Manager, and Scott Peyton, Partner in our Risk Advisory practice, discuss the evolving role of internal audit in artificial intelligence (AI) oversight. They unpack the differences between traditional and generative AI, explore how internal audit function is leveraging these technologies, and examine the risks that come with AI adoption—while providing risk mitigation and identification strategies. This is the fina...

Explore the transformative impact of data analytics on internal audit processes with Yani Diaz, Director and Ann-Blair Jamison, Senior Manager from our Risk Advisory practice. Throughout the episode, they discuss the key benefits of using data analytics, such as enhanced risk assessment, improved efficiency and predictive analysis. Additionally, they offer insights into how organizations can effectively implement data analytics solutions. This is the third episode in our four-part internal au...

The Institute of Internal Audit’s (IIA) Vision 2035 report highlights the pivotal role that soft skills will play in shaping the future of internal audit. Join Jodi Lewis, Manager, and Andy Jameson, Director, from our Risk Advisory practice as they discuss the top three critical skills that internal auditors must cultivate to excel in the evolving internal audit landscape. Additionally, they will share insights on how auditors can effectively develop these essential skills. This is the...

The Institute of Internal Audit (IIA)’s Vision 2035 report highlights the need for internal auditors to embrace technological advancements and expand their advisory roles to remain relevant and effective. In the IIA’s comprehensive vision, internal auditors will evolve into strategic advisors by 2035 and utilize cutting-edge technology to provide robust, evidence-based assurance and navigate emerging risks with confidence. In the latest episode of the Risk Advisory Podcast, James Eldridge, Se...

In the latest episode of our Risk & Accounting Advisory podcast, National Technology Business Development Leader Marc Montoro, Leader is joined by Information Assurance & Cybersecurity Senior Managers Keith Jackson and Brian Kirk. Together, they discuss the basics of the HITRUST Framework, exploring its evolution from a healthcare focus to an industry-agnostic standard. Their conversation is packed with insights. From the foundational elements of High Trust to its benefits and strateg...

In the latest episode of Cherry Bekaert’s Risk & Accounting Advisory podcast series, Neal Beggan, is joined by Steven Ursillo and Dan Sembler, both partners in our Information Assurance & Cybersecurity practice. During this episode they discuss the many benefits of Service Organization Control (SOC) 2 reports, such as security insights, gaining customer trust and risk management, and how those benefits bring value to a company. Listeners will also discover how to prepare for SOC 2 and...

In the latest episode of our Risk & Accounting Advisory podcast, the second of a two-part series, Nate Regimbal, Digital Advisory New Practices & Solutions Leader, joins Sam Halaby, Senior Manager in Risk Advisory, and Dan Gallagher, from the Firm’s Information Assurance & Cybersecurity practice, to discuss Anti-Money Laundering Model (AML) Testing & Monitoring best practices. Their conversation provides insight into conducting model testing, the importance of ongoing monitori...

In the latest episode of our Risk & Accounting Advisory podcast, Neal Beggan, Risk Advisory Leader, and key leaders from Cherry Bekaert’s Risk Advisory SOX practice, Yani Diaz and Peyton Black, discuss SOX “hot buttons” to look out for as 2023 comes to an end. Their conversation delves into auditor reliance, Public Company Accounting Oversight Board (PCAOB) audit standards and changes in SOX regulatory compliance. Listeners will learn about:How PCAOB regulations and auditor reliance...

The latest episode of our Risk & Accounting Advisory podcast begins the first of a two-part series where Nate Regimbal, Digital Advisory New Practices & Solutions Leader, joins Alan Swan, Digital Advisory Managing Director, along with Audrey Magennis and Dan Gallagher from the Firm’s Information Assurance & Cybersecurity practice, to discuss Anti-Money Laundering Model (AML) Validation and Optimization best practices. Their conversation illuminates the importance of using a method...

In the latest episode of our Risk & Accounting Advisory podcast, Neal Beggan, Risk Advisory Leader, and key leaders from Cherry Bekaert’s Risk Advisory SOX practice, Gareth Montague-Smith and Peyton Black, discuss the concept of SOX “Lite,” a controls diagnostic service for smaller or private companies that can help prepare companies to go public, help remediate material weaknesses or significant deficiencies, provide efficiencies for companies facing difficult audits and more. Their conv...

In the latest episode of our Risk & Accounting Advisory podcast, Neal Beggan, Risk Advisory Leader, and key leaders from Cherry Bekaert’s Risk Advisory SOX practice, Gareth Montague-Smith and Peyton Black, discuss the concept of offshoring and some key considerations for companies evaluating whether to use the offshore ability of their service providers. Their conversation analyzes key considerations from both the client’s and service provider’s viewpoint.Listeners will learn about:Key co...

In today’s digital age, it’s imperative to manage your organization’s data for policies, procedures and best practices to maintain the system integrity and performance. On this episode of the Risk & Accounting Advisory podcast, join Neal Beggan, Partner and Cherry Bekaert’s Risk Advisory Practice Leader, and Alan Swan, Managing Director and Risk & Data Management Leader, as they dive into data management and emerging technologies, their institutional impacts and how banks provide a un...

As SEC filers prepare for the 2023 SOX compliance reporting season, public companies must evaluate their organization’s internal controls, policies and procedures, and IT systems, including user access reviews. Another common issue surrounds significant and unusual transactions, understanding the risks, and designing and testing controls to offset those potential risks.On this episode of the Risk & Accounting Advisory podcast, Neal Beggan, Partner and Risk & Accounting Advisory Leader...

Following a previous Risk In Review podcast episode on Sustainability in Business and the Future of ESG, Neal Beggan, Leader of the Firm’s Risk Advisory practice, and Ved Gupta, our Risk Advisory guest, outline considerations if you are starting the corporate sustainability journey and establishing a long-term ESG program. Together they identify where to start in the ESG program, define its purpose, explain the components of a well-designed ESG program and finally highlight key pillars to ens...

On this episode of the Risk & Accounting Advisory podcast, we continue the Risk In Review series as we explore internal audit plans and a few common mistakes that often occur during the development of the annual internal audit plan. Establishing a sound audit plan and internal controls framework can ensure your organization is protecting against fraud and misuse, creating organizational efficiency, financial stability, integrity, and meeting any regulatory compliance requirements. O...

On a recent episode of the Risk & Accounting Advisory’s Risk-in-Review podcast, our risk leaders cover the very important topic of sustainability and Environmental, Social, and Governance (ESG). The term ESG is a relatively new corporate governance approach that many organizations have adopted or are evaluating over the past few years in response to external and internal forces like regulators, investors, employees, third party vendors, and other stakeholders to meet profitability goals, ...

On this episode of our Risk & Accounting Advisory podcast, we are discussing “responsible innovation” — new and expanded or modified products and services — as part of the Risk in Review series. This series is meant to provide informative content in a 5-queston format. Our guest, Mike Dempsey, Senior Manager, in the Risk & Accounting Advisory group unpacks what responsible innovation means for your organization. Regulators are focusing on responsible innovation and wanting to ensure a...

Our recent discussion on the latest Risk & Accounting Advisory podcast focused on five key issues impacting cannabis companies and how to address these unique industry obstacles. Our advisory professionals cover the main issues and root causes, and how we have helped address these challenging industry barriers. With this highly regulated, yet growing industry, we turn to Kirstie Liberatore, Director in the firm’s Accounting Advisory practice and Corey York, Manager, in the Accountin...