WebTrust Issues Guidance, Passes Another Milestone

A new AICPA publication, Effects of a Third-Party Service Provider in a WebTrust or Similar Engagement—Version 3.0, supplies nonauthoritative advice to practitioners performing examinations intended to provide assurance to WebTrust clients and their auditors about controls on third-party service providers. The book explains how to evaluate the quality of offerings from Internet service providers or Web site hosts, such as performing essential data processing activities and administering Web site security. Practitioners can obtain the guide at no charge on the AICPA Web site at www.aicpa.org/webtrust/index.htm .

Meanwhile, TradeCard Inc., a provider of online communication services, received the first WebTrust Confidentiality Seal granted in the United States. During a recent WebTrust engagement, Ernst & Young LLP auditors evaluated TradeCard’s online privacy policies and controls and confirmed the company adequately safeguarded all confidential information collected and stored on its Web site.


Year-end tax planning and what’s new for 2016

Practitioners need to consider several tax planning opportunities to review with their clients before the end of the year. This report offers strategies for individuals and businesses, as well as recent federal tax law changes affecting this year’s tax returns.


News quiz: Retirement planning, tax practice, and fraud risk

Recent reports focused on a survey that gauges the worries about retirement among CPA financial planners’ clients, a suit that affects tax practitioners, and a guide that offers advice on fraud risk. See how much you know with this short quiz.


Bolster your data defenses

As you weather the dog days of summer, it’s a good time to make sure your cybersecurity structure can stand up to the heat of external and internal threats. Here are six steps to help shore up your systems.