Wednesday, February 23, 2011

Accounting Principals Advises Financial Institutions to Reform Compliance Teams Now to Gain Competitive


Accounting Principals, a leading finance and accounting staffing provider, today released a white paper – "Focusing in on Risk and Compliance" – which offers an in-depth analysis of the increased regulation and compliance requirements of the Dodd-Frank Wall Street Reform and Consumer Protection Act and the necessary action financial services institutions must take to stay ahead of the curve.

The steps required of each company will vary vastly depending on the size of the organization, and reaching compliance can range from several months to several years. Regardless of size however, the time is now for chief financial officers, chief information officers, directors of credit, directors of compliance and directors of risk to appraise not only their existing risk platforms, but also the skills, experience and talent that will be needed to ensure they are prepared.

See full Press Release.