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.

SPONSORED REPORT

Revenue recognition: A complex effort

Implementing the new standard requires careful judgment. Learn how to make significant accounting judgments and document them and collaborate with peers for consistent application.

TECHNOLOGY Q&A

How to create maps in Excel 2016

Microsoft Excel 2016 has two new mapping capabilities. J. Carlton Collins, CPA, demonstrates how to make masterful 2D and 3D maps in Excel 2016.

QUIZ

News quiz: Economy and health care changes top CPAs’ list

CPA decision-makers’ economic outlook and the House Republicans’ proposed tax changes as part of replacing the Patient Protection and Affordable Care Act received attention recently. See how much you know with this short quiz.