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FEI Releases “AI Framework: Internal Control Over Financial Reporting” to Help Finance Leaders Adopt AI

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Practitioner-built, principles-based guidance from FEI’s Committee on Corporate Reporting on how AI impacts Internal Control Over Financial Reporting (ICFR)

MORRISTOWN, N.J., June 25, 2026 /PRNewswire/ — Financial Executives International (FEI) today announced the release of the AI Framework: Internal Control Over Financial Reporting, a new whitepaper developed by FEI’s Committee on Corporate Reporting (CCR) to help companies integrate artificial intelligence (AI) into financial reporting while maintaining effective internal control over financial reporting (ICFR).

The framework was authored by a cross-industry group of corporate controllers, chief accounting officers, and accounting leaders from Fortune 100 and large public companies, with input from academia. It is intended to be a living document that will evolve alongside AI technology and regulatory expectations.

“As finance leaders race to capture the value of AI, they are being asked to do so without disrupting the reliability of financial reporting that markets depend on. This framework reflects exactly what FEI does best: convening the most respected practitioners in the profession to translate an emerging challenge into practical guidance. It gives finance teams a credible, principles-based starting point to adopt AI responsibly while protecting the integrity of their internal controls.”
— Andrej Suskavcevic, CAE, President and CEO, FEI

“AI doesn’t change management’s fundamental responsibility for effective internal controls — but it does change how we earn comfort over them. By focusing on validating outcomes, the framework gives companies practical control approaches they can put to work today, and a path to scale automation responsibly as their AI systems prove reliable over time.”
— Aaron Anderson, contributing author and CCR member

As AI moves rapidly from experimentation into core finance and accounting processes, management teams face a dual challenge: capturing AI’s efficiency and analytical benefits while preserving the reliability of financial reporting that capital markets depend on. The framework provides a practical, principles-based approach for identifying, scoping, and managing AI systems used in financial reporting — whether AI is embedded in a process or relied upon as a control — consistent with the Sarbanes-Oxley Act (SOX) and the COSO Internal Control – Integrated Framework.

Rather than attempting to audit the inner workings of “black box” AI systems, the framework emphasizes human oversight and outcome-based validation, and offers four business control approaches that companies can deploy individually or in combination:

Human-in-the-Loop (HITL): Integrating human intervention at strategic decision points to validate system outputs and manage model uncertainty.Performance Testing: Leveraging curated test data sets to compare AI system outputs against known “ground truth” results to ensure ongoing mathematical and logic accuracy.Multi-Model Validation: Using a systematic comparison between the primary AI system and an independent “challenger” model to identify variance and confirm reliability.Data Analytics: Employing advanced monitoring techniques to analyze system trends, identify anomalies, and ensure the AI operates within established guardrails.

The framework also addresses AI-specific risks such as hallucination, model drift, and algorithmic bias; provides guidance on SOX scoping and risk assessment; and outlines an outlier management and resolution process.

The AI Framework: Internal Control Over Financial Reporting whitepaper is not intended as legal guidance or advice, and it should not be relied upon for decisions that may raise liability concerns. FEI is not responsible for how companies or individuals use the AI Framework: Internal Control Over Financial Reporting. Where questions exist concerning possible legal ramifications, readers of the whitepaper should consult with appropriate legal counsel.

The complete Framework is available for $195.00 on the FEI website here.

About FEI’s Committee on Corporate Reporting (CCR)
The Committee on Corporate Reporting (CCR) is a high-powered, multi-industry committee of Financial Executives International composed of highly engaged Corporate Controllers and Chief Accounting Officers from Fortune 100 and large public companies. CCR focuses on engaging accounting standard setters and regulators and has a positive impact through comment letters and other advocacy, including direct engagement with the SEC, FASB, PCAOB, and the Big 4 accounting firms.

About Financial Executives International (FEI)
Financial Executives International (FEI) is the leading association and advocate for the views of corporate financial management. Its Members hold policy-making positions as chief financial officers, chief accounting officers, controllers, treasurers, and tax executives at companies in every major industry. FEI enhances Member professional development through peer networking, career management services, conferences, research, and publications. Members participate in the activities of local Chapters in the U.S. FEI is located in Morristown, NJ. Visit www.financialexecutives.org for more information.

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SOURCE Financial Executives International

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TSA prepared to screen nearly 18.7 million air travelers this Fourth of July holiday

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Agency partners on security efforts for FIFA World Cup 2026™, commemorates America 250 and delivers enhanced benefits for the military

WASHINGTON, June 25, 2026 /PRNewswire/ — The Transportation Security Administration (TSA) is honored to play a role in helping travelers reach their destinations to celebrate our nation’s 250th anniversary of independence. The agency is well prepared for the heavy volume over the Fourth of July holiday period, expecting to screen nearly 18.7 million travelers at U.S. airport security checkpoints between Tuesday, June 30, and Monday, July 6. TSA anticipates the highest passenger volume – more than 3 million people – on Thursday, July 2.

“We’re thrilled so many passengers are planning travel to enjoy America’s milestone 250th birthday and celebrate the greatest nation on earth,” said TSA Senior Official Performing the Duties of the Administrator Ha Nguyen McNeill. “TSA security checkpoints are fully staffed and prepared to welcome these travelers and handle the large passenger volumes expected during the Fourth of July holiday period. We’ve implemented significant technology enhancements at key airports for the historic FIFA World Cup 2026™ as well as for America 250 celebrations across the country. TSA is working closely with federal, state and local partners to safeguard the traveling public and manage security for large-scale public events. Thanks to the dedication of our screening officers and our industry and airport partners, travelers are experiencing faster screening lanes and enhanced technologies that deliver the highest levels of security.”

FIFA World Cup 2026™ security

TSA is playing a pivotal role in safeguarding the FIFA World Cup 2026™ by ensuring the safety, security and efficiency of our nation’s transportation systems. TSA’s efforts directly support security at game sites, team base camps, and practice facilities across all 11 U.S. host cities.

TSA has increased staffing and deployed National Deployment Officers, additional canine teams, and other specialized units at the 14 core host city airports to accommodate passenger surges and enhance security.TSA is providing support for a range of critical surface transportation infrastructure essential to game operations.The Federal Air Marshal Service (FAMS) and Security Operations (SO) have deployed personnel to stadiums, Fan Fests, and nearby transportation hubs in all U.S. host cities. These deployments include radiological/nuclear detection capabilities, Counter-Unmanned Aircraft Systems (C-UAS) for threat mitigation, and explosive detection canine teams.

TSA continues to deliver essential logistics support for the games, facilitating the secure and efficient movement of Heads of State, national teams, FIFA officials, and other VIPs through commercial and private airports.

TSA expands support for military community

TSA is committed to honoring those who served our country through military service and actively supports our nation’s military veterans through several initiatives and programs.

The Veterans Expedited TSA Screening (VETS) Safe Travel Act demonstrates TSA’s commitment to improving air travel for severely injured and disabled veterans by providing free TSA PreCheck® enrollment to those deemed eligible by the Department of Veterans Affairs (VA). Eligible veterans can obtain their VA eligibility letter and enrollment instructions through their VA.gov account.This Fourth of July, TSA is celebrating the one-year anniversary of the “Serve with Honor, Travel with Ease” campaign by expanding front-of-the-line access to service members at 33 airports near larger military installations.Military service members and military survivor families are also eligible for free TSA PreCheck. TSA offers a $25 discount on TSA PreCheck enrollment for spouses of military and uniformed service members.In early July, TSA will launch a new Veterans Ambassador Initiative in conjunction with America 250. This is designed to further enhance the airport screening experience for military veterans. These Ambassadors are TSA officers, who have received additional training as Passenger Support Specialists and will support veterans who need additional screening assistance. Veterans should call TSA Cares at (855) 787-2227 at least 72 hours in advance of their flight.

All travelers should arrive early and check with their airline before their flight. For more information on how to get through the TSA checkpoint quickly and seamlessly, please visit TSA.gov or view our Travel Tips page. TSA also encourages FIFA World Cup 2026™ fans to check out the TSA World Cup Security Playbook page.

View original content to download multimedia:https://www.prnewswire.com/news-releases/tsa-prepared-to-screen-nearly-18-7-million-air-travelers-this-fourth-of-july-holiday-302810777.html

SOURCE Transportation Security Administration

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Loffler Companies Strengthens Executive Leadership Team as Company Enters Its Next Era

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Founder Jim Loffler Transitions to Chairman as Family Business Builds Leadership Depth Heading into Its 40th Year

ST. LOUIS PARK, Minn., June 25, 2026 /PRNewswire/ — Loffler Companies, one of the Midwest’s most trusted technology services providers, today announced a series of executive leadership appointments that reflect both the maturity of a business built over nearly four decades and the confidence of an organization ready for what comes next.

At the heart of the announcement is a milestone for the company and the family behind it. Jim Loffler, who founded Loffler Companies 39 years ago, will transition to the role of Founder and Chairman. His son, James Loffler, assumes the role of President and Chief Executive Officer.

“When I started this company, I believed that if you take care of your people and take care of your customers, everything else follows,” said Jim Loffler. “What I am most proud of is not what we have built but how we have built it. As we head into our 40th year, watching James and this leadership team step into this next chapter, I have never been more confident about where Loffler is headed.”

A Leadership Team Built for What Is Next
The appointments reflect a deliberate investment in executive depth across every dimension of the business, including revenue, operations, finance, technology, and people.

James Loffler, President and Chief Executive Officer

James assumes full leadership of Loffler’s vision, strategy, culture, and performance. Having grown up alongside the business and earned his place within it, James brings both a deep understanding of what makes Loffler distinctive and a clear view of where the organization is going.

“My father built something rare, a company with real values that actually shows up in how we work every day,” said James Loffler. “My job is to honor that foundation while leading us toward the growth and impact we are capable of as we head into our 40th year. This leadership team gives me tremendous confidence that we are ready.”

John Hastings, Chief Revenue Officer and Chief Operating Officer

John’s dual mandate spanning revenue execution and operational excellence reflects Loffler’s conviction that growth and service quality are inseparable. His oversight covers revenue strategy, operations, service delivery, and customer experience across the organization.

Brandon Norberg, Chief Financial Officer

Brandon brings rigorous financial leadership to an organization with significant momentum ahead. His responsibilities include financial oversight, budgeting, forecasting, analysis, and long-term financial governance, ensuring Loffler has the financial foundation to support its growth with discipline and clarity.

Spencer Anderson, Executive Vice President of Technology

Spencer’s elevation to the executive team reflects Loffler’s belief that technology leadership belongs at the highest level of the organization. Formerly Vice President of Operations for Loffler’s IT Solutions Group, Spencer will lead technology strategy, innovation, automation, cybersecurity, compliance, and internal systems. A key focus will be creating a more unified, seamless experience across the tools and platforms Loffler’s teams and customers rely on every day.

Angela Radtke, Executive Vice President of People and Culture

Angela joins Loffler’s executive team, bringing extensive experience in talent acquisition, performance management, compensation and benefits, and employee engagement. Her appointment reflects Loffler’s commitment to investing in its people and culture as a core business priority, not an afterthought.

Nearly Four Decades of Trust. A Leadership Team Ready for What Is Ahead.
Loffler Companies has served businesses across Minnesota, Wisconsin, North Dakota, South Dakota, Iowa, and Nebraska for nearly 40 years, offering managed IT services, copiers and printers, unified communications, intelligent automation, and physical security solutions. The company has built its reputation on a straightforward premise: the right technology partner does not just solve problems; it helps businesses grow. The leadership changes announced today are not departure from that premise. They are its next expression, and a signal of what Loffler’s 40th year will represent.

“We have spent nearly 40 years earning the trust of our customers and our team,” said James Loffler. “This leadership structure is how we ensure we keep that promise at greater scale, with the same integrity that has always defined us.”

About Loffler Companies

Loffler Companies provides the most comprehensive business technology solutions in the country, with experts who bring it all together to build secure, optimized technology environments. Loffler’s offerings include IT managed and security services, business security systems, disaster recovery/business continuity, multifunctional copiers and printers, print management services, software and workflow technology consulting, professional IT services/consulting, unified communications, and on-site management of print and mail centers. Founded by Jim Loffler in 1986 and now led by James Loffler, the company is recognized nationally as a leader in business technology and managed services. Headquartered in Minnesota, Loffler is among the top technology solutions providers in the U.S., with more than 500 employees delivering award-winning service every day to exceed the expectations of clients, partners, and the community. For more information, visit www.loffler.com.

Media Contact:
Kenzie Roberts
Marketing Manager, Loffler Companies
Kenzie.roberts@loffler.com

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SOURCE Loffler Companies

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Gorenje Launches Keeping Real Fans Cool” Campaign as Official Sponsor of FIFA World Cup 2026™

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Premium home appliance brand launches region-wide activations, promotions, and prizes to enhance the match-viewing experience

DUBAI, UAE, June 25, 2026 /PRNewswire/ — Gorenje, a leading European home appliance brand under Hisense Group, is connecting with football enthusiasts across the region through an exciting campaign centered on the theme “Keeping Real Fans Cool” as an Official Sponsor of the FIFA World Cup 2026™. Gorenje has also launched FIFA-themed activations, consumer promotions, and exclusive prizes designed to create memorable experiences for football fans.

As millions of fans prepare to gather in homes across the region to experience the world’s most-watched sporting event, Gorenje is at the heart of the action by demonstrating how its advanced refrigeration technology can transform the match-viewing experience by ensuring that fans have access to fresh and perfectly chilled food and beverages throughout every thrilling moment of the tournament.

Fazalur Rahman, Regional Marketing Director, Hisense Middle East & Africa said: “Through our FIFA World Cup 2026™ sponsorship, Gorenje is forging deeper connections with football fans across the region. We believe that great matches deserve great hospitality, and our refrigeration solutions are designed to ensure fans can keep their refreshments perfectly cool from kick-off to the final celebration. Through exciting promotions, engaging activations, and rewarding experiences, we aim to create exceptional value for our customers while helping them discover Gorenje’s innovations and enjoy the excitement of the world’s biggest football tournament.”

Gorenje’s refrigeration portfolio offers a wide range of solutions designed to meet the needs of different households, lifestyles, and kitchen spaces. From spacious multi-door refrigerators for large families and entertaining, to practical top-mount models and flexible modular configurations, the range combines thoughtful European design with technologies that help keep food fresher for longer while enhancing everyday convenience.

Leading the collection is Gorenje’s flagship four-door refrigerator, featuring a generous 735-litre capacity, advanced Inverter technology, metal back cooling for improved temperature consistency, and a versatile convertible zone that can switch between refrigerator and freezer modes. A built-in ice maker and water dispenser further enhance convenience, while the sophisticated black stainless-steel finish brings a premium aesthetic to modern kitchens.

For everyday households, Gorenje offers a selection of top-mount refrigerator freezers equipped with NoFrost technology, eliminating the need for manual defrosting while ensuring efficient performance and reliable food preservation. Available in a variety of capacities and sizes, these models combine practical storage solutions with elegant finishes and energy-efficient Inverter technology.

The range also includes high-capacity refrigerator freezers designed for larger families and frequent entertaining, providing generous storage space alongside advanced cooling technologies and convenient ice-making features.

For consumers seeking greater flexibility, Gorenje offers single-door refrigerator and freezer combinations that can be configured to suit individual storage needs and kitchen layouts. Featuring intuitive touch controls, spacious interiors, and multiple installation options, these solutions allow homeowners to create a customized refrigeration setup tailored to their lifestyle.

Gorenje’s “Keeping Real Fans Cool” campaign reinforces the brand’s dedication to enhancing everyday life through thoughtful innovation, bringing fans closer to the tournament they love while ensuring every gathering is supported by appliances designed for modern living.

About Gorenje

Gorenje is one of Europe’s leading manufacturers of household appliances, with over 75 years of heritage and a presence in more than 160 countries worldwide. Known for combining advanced technology with distinctive European design, Gorenje creates intuitive, energy-efficient appliances that simplify everyday living.

Headquartered in Slovenia, Gorenje operates production facilities across Europe and has been part of Hisense Group since 2018, one of the world’s leading consumer electronics and home appliance corporations. Driven by a vision to be a design-focused innovator, Gorenje continues to deliver life-simplifying solutions tailored to modern homes and evolving lifestyles.

Stay updated with all the latest developments on the website: https://gorenje.com/

Photo – https://mma.prnewswire.com/media/3000569/Gorenje_FIFA_World_Cup.jpg

 

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/gorenje-launches-keeping-real-fans-cool-campaign-as-official-sponsor-of-fifa-world-cup-2026-302810778.html

SOURCE Gorenje

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