The decentralized ledger system may seem confusing, but it also adds up to new opportunities for savvy financial professionals.
If you’d like to be more efficient on the job, tech-focused solutions are a logical place to start.
Q: I’ve finally decided to break down, buy an inexpensive scanner, and go paperless; what type of scanner should I get?
Lisa Traina, CPA/CITP, CGMA, president and owner of information technology security firm Traina & Associates, suggests ways for organizations with limited IT budgets to keep their data secure.
CPAs often have to produce recurring reports, such as quarterly balance sheets, from datasets, such as trial balances. The process can be tedious and prone to error, but an Excel technique called mapping can show the way to better results. Learn more in this Technology Workshop.
Technology is changing the way audits are being performed, with greater access to data but also more data to sort through. Auditors can remain efficient and effective by employing applications designed to help automate some procedures.
The AICPA’s framework for assessing the reliability of a cloud provider’s technology and systems controls has won the endorsement of the Cloud Security Alliance (CSA), a not-for-profit coalition with members including Google, Microsoft, Ernst & Young, Deloitte, and PwC. The AICPA is a CSA affiliate member. In a position paper
With the arrival of the holiday shopping season, the analysis of a particular work email account serves as a cautionary tale to employers. Barb Bowes, a human resources consultant and president of Legacy Bowes Group in Winnipeg, Manitoba, offered the example of a company that found an average of 35
Management should begin control-related activities before an organization contracts with a cloud-computing service provider (CSP), according to guidance provided in a new thought paper released Wednesday by the Committee of Sponsoring Organizations of the Treadway Commission (COSO). The paper, Enterprise Risk Management for Cloud Computing, provides a thorough examination of
Concerns over technology breaches and data security are soaring among the largest U.S. tech companies, according to a new report from accounting and consulting firm BDO. An examination of the most recent SEC 10-K filings for the 100 biggest publicly traded technology companies found that 71% listed data-security breaches as
Editor's note: This is a sidebar for "Protect Your Portable Data - Always and Everywhere." CPAs should understand their ethical, legal and regulatory responsibilities to safeguard data. The following listings direct you to primary sources: LAWS, REGULATIONS Federal laws Federal Trade Commission, Gramm-Leach-Bliley Act, Disclosure of Nonpublic Personal Information, tinyurl.com/8k3e6
A Deloitte online poll found that two out of five executives felt data volumes in their organizations are becoming unmanageable. Almost 20% of executives said their companies are not ready to handle complex discovery requests. Their greatest concerns about document discovery included: Expensive vendor or in-house costs to go through
I find it ludicrous that your article, “Software Revenue Recognition on the Rise” (Dec. 07, page 50) not only insinuates but even goes so far as to actually state that companies are changing their business practices because of SOP 97-2. While the accounting profession, of which I am part, is
EXECUTIVE SUMMARY Statement of Position (SOP) 97-2 provides guidance on applying GAAP in recognizing revenue from software and software-related transactions. The SOP provides instruction on recognition for licensing, selling, leasing or otherwise marketing software. As technology becomes further entrenched in consumer and enterprise products, companies outside of the traditional software