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Risk management. (Technology Tools).


Protiviti, a leading internal audit and risk consulting firm Noun 1. consulting firm - a firm of experts providing professional advice to an organization for a fee
consulting company

business firm, firm, house - the members of a business organization that owns or operates one or more establishments; "he worked for a
, has introduced two advanced technology solutions that it says will help its clients better identify, evaluate and manage their business risks.

Protiviti's new Web-based tools -- The Self-Assessor[TM] and Risk Intelligence Miner[TM] -- support its business risk, internal audit and technology risk product offerings. Once implemented by Protiviti, these solutions will also help companies comply with provisions of the Sarbanes-Oxley Act See SOX.  by helping them capture organizational knowledge required for the executive certification process.

The Self-Assessor (TSA TSA

See tax-sheltered annuity (TSA).
) -- TSA is a customizable tool that Protiviti can implement to help companies monitor and rate control performance on a regular basis. Through an assessment questionnaire accessible by process owners, Protiviti clients can document the effectiveness of their internal controls and ensure compliance with the Sarbanes-Oxley Act.

Risk Intelligence Miner (RIM) -- RIM is an integrated application suite designed to support greater use of data mining and analysis techniques, and facilitate knowledge sharing across all of Protiviti's internal audit and risk consulting engagements. This technology enhances Protiviti's ability to help companies identify key issues, the first step in ultimately improving business performance and strengthening the value of their organizations.

Protiviti is a wholly owned subsidiary Wholly Owned Subsidiary

A subsidiary whose parent company owns 100% of its common stock.

Notes:
In other words, the parent company owns the company outright and there are no minority owners.
 of Robert Half International Robert Half International is a staffing firm, and a member of the S&P 500. External links
  • Official site
 Inc., a member of the S&P 500 index and an FFI FFI Fuel Freedom International
FFI Foreign Function Interface
FFI For Further Information
FFI Fatal Familial Insomnia
FFI Fauna and Flora International
FFI Forces Françaises de l'Intérieur (WWII, French Resistance Army) 
 Strategic Partner.

Web: www.protiviticonsulting.com
COPYRIGHT 2003 Financial Executives International
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2003, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Title Annotation:has introduced two advanced technology solutions; Protiviti
Publication:Financial Executive
Article Type:Brief Article
Geographic Code:1USA
Date:Mar 1, 2003
Words:220
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