Telus Communications is using ACL Continuous Controls Monitoring (CCM) technology within two critical business processes – its overall purchase-to-payment cycle and its purchasing card program. These CCM solutions allow Telus to automate internal controls testing, enhance corporate oversight, and support regulatory compliance for Sarbanes-Oxley Section 404. ACL provides business assurance analytics technology for financial management, compliance professionals, and auditors. ACL CCM solutions are designed according to the Committee of Sponsoring Organizations (Coso) framework, which is recognized as the internal controls standard for supporting Sarbanes-Oxley Section 404 compliance. Embedding sophisticated analytics into Telus’s day-to-day operations, the ACL CCM Purchase-to-Payment and Purchasing Card modules allow the organization to efficiently access, compare, and analyze data from multiple systems across the enterprise, and independently validate transactions for compliance with Telus’s corporate controls and business rules.
UK firms investment in training and development will increase, on average, by a fifth in the next year, claims Robert Half recruitment after interviewing 100 financial services (FS) executives.
A report by broking group Marsh examines the repercussions from the administration of the South Korean company, which filed for bankruptcy protection at the end of August.
Global research by C2FO suggests that smaller businesses are less concerned with the repercussions of Brexit and the upcoming US presidential election.
A squeeze on skilled talent means it now takes an average of seven weeks to fill open permanent roles in finance in the UK according to new research from financial services recruitment firm Robert Half.