Auditors Fault Internal Controls At Connecticut Community Colleges

September 13, 2013 

Auditors Fault Internal Controls At Connecticut Community Colleges

A Connecticut state auditors' report issued Wednesday reveals a troubled system of internal controls throughout the state's 12 community colleges, ranging from instances in which employees started work before signing contracts, contracts weren't competitively bid and proper purchasing procedures were skirted.

 Detroit pension fund pays out nearly $1B in bonuses

September 9, 2013 

Detroit pension fund pays out nearly $1B in bonuses

One of Detroit's two pension funds handed out nearly $1 billion in bonus cash payments over two decades to retirees and active employees' retirement accounts instead of reinvesting the extra earnings for the future, according to a Free Press review of city records.

cloud-accounting3_11132124

September 9, 2013 

The Benefits and Challenges of Cloud Accounting

Accounting firms across the country are looking to the cloud to transform their client accounting services. They are looking to move from simply transactional bookkeeping services to higher value advisory services more in line with the CFO function.

Jim Boomer

security1_11074722

August 29, 2013 

The In-Firm Annual IT-Security Employee Briefing

Most organizations today assume that their IT personnel do an adequate job of protecting the firm’s network and data by implementing and monitoring firewalls, keeping their operating systems/applications up to date, and mandating password changes on a scheduled basis.

Roman Kepczyk

istock-000003550102xsmall-300x_11073284

August 16, 2013 

4 Tips for Managing Outsourcing Risks

The perceived and real risk of outsourcing also seems to be increasing daily. News media and published reports frequently highlight cases of data breaches through rogue employees, hackers, and lost/stolen devices.