Recent events brought a lot of changes and challenges for accounting and finance professionals. The new revenue recognition standard (ASC 606) increased complexity for many accounting teams, and the COVID-19 pandemic changed the world economy and forced many finance teams to work remotely. However, the importance of internal controls and SOX compliance remains - even in a virtual environment.
Hear from The Cadence Group and FloQast to discuss emerging trends in the areas of internal control and SOX compliance and what your organization should be doing now.
In this session, you will learn about:
Relevant internal controls that companies who have implemented ASC 606 should consider
Internal controls companies should consider as a part of their remote or hybrid work environment
How other organizations are implementing IT-related internal controls to deal with the impact of changes in their work environments
How technology can help address internal controls