cloudsecurity1_10884482

May 12, 2017 

8 Steps to Evaluating Cloud Service Security

With the current break-neck pace of software and technology we can often overlook the fact that "the cloud" is really just outsourcing. The term "cloud" is simply a catch-all term for subscription-based services running on someone else's network.

cybersecurity

April 26, 2017 

AICPA Creates Cybersecurity Risk Management Reporting Framework

The AICPA’s new framework will enable all organizations – in industries worldwide – to take a proactive and agile approach to cybersecurity risk management and to communicate on those activities with stakeholders. Two resources that support reporting ...

 Managing Risk from Front Line Increases Revenue and Profit

April 24, 2017 

Managing Risk from Front Line Increases Revenue and Profit

Almost ten years after the 2008 financial crisis, risk management is evolving, shifting away from a purely protective mindset. In the old paradigm, risk was managed traditionally by the “second line” of defense in an organization.

Audit 1  5554db821c58b

April 21, 2017 

Survey Shows Doubt on Value of Mandatory Auditor Rotation

Perhaps no issue in contemporary accounting has drawn more attention than that of mandatory auditor rotation – whether companies should be required, in the cause of sound financial reporting, to periodically change audit firms or audit-firm engagement ...

KPMG_logo_1_.542ccf98e5aa8

April 20, 2017 

KPMG Dismisses Head of Audit Practice, 5 Others for Conduct

The firm learned in late February, from an internal source, that an individual who had joined KPMG from the PCAOB subsequently received confidential information from a then-employee of the PCAOB, and shared that information with other KPMG personnel.

 AICPA Proposes New ERISA Auditing Standards

April 20, 2017 

AICPA Proposes New ERISA Auditing Standards

This proposed SAS addresses the auditor’s responsibilities to form an opinion and report on the financial statements of ERISA plan financial statements, and the form and content of such reporting, including reporting on specific plan provisions ...