Wisdom On Password Risk


In the February JofA , I responded to a reader’s query about how to set his Internet browser so it would store selected Web site passwords. Several readers took me to task for failing to issue a warning that such a practice can be risky. I concede the practice is risky, but it’s a trade-off against convenience. However, I certainly would never set my browser to store passwords in a laptop, which is mobile and therefore more vulnerable to loss and public exposure. And there are some passwords, such as bank and security account codes, that always should be kept as secure as possible. So be advised. 


6 key areas of change for accountants and auditors

New accounting standards on revenue recognition, leases, and credit losses present implementation challenges. This independently-written report identifies the hurdles that accounting professionals face and provides tips for overcoming the challenges.


How tax reform will impact individual taxpayers

Amy Wang, a CPA who is a senior technical manager for tax advocacy at the AICPA, answers to some of the most common questions on how the new tax reform law will impact individual taxpayers.