Privacy


Most consumers worry that corporations mishandle their personal information, says a Harris Interactive survey the AICPA and Ernst & Young LLP jointly commissioned to help practitioners better understand privacy risks their clients and employers face. Eighty-four percent of respondents supported requiring companies to obtain independent verification they follow their stated privacy policies. According to the study, Privacy On and Off the Internet: What Consumers Want ( www.aicpa.org/assurance/webtrust/what.htm ), consumers’ top three concerns are corporations’ unapproved sharing of their personal information with other companies, insufficient security for business transactions and the potential theft of confidential data.

SPONSORED REPORT

The technology assessment engagement

Are you working with the best technology? Do you know how to help your clients determine if their technology stack measures up? In this free report, J. Carlton Collins, CPA, explains how to answer those questions via a technology assessment engagement.

FEATURE

Maximizing the higher education tax credits

A counterintuitive strategy can save taxes by including otherwise excludable scholarships in gross income.