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Why you can’t wait to prepare for disaster

Hosted by Ken Tysiac

Please note: This item is from our archives and was published in 2019. It is provided for historical reference. The content may be out of date and links may no longer function.

For a business or CPA firm, a disaster can take the form of a catastrophic weather event, a cyberattack, or even a sudden regulatory decision that may put the future of the organization in jeopardy.

It may be impossible to prevent such a disaster, but proper planning can help minimize the damage and disruption an organization suffers if it is hit by a catastrophe. In this podcast, Jennifer H. Elder, CPA/CFF, CGMA, co-author of the book Faster Disaster Recovery: The Business Owner’s Guide to Developing a Business Continuity Plan (available at aicpastore.com), discusses how to prepare so that an organization’s finances and reputation will be protected if a disaster occurs.

What you’ll learn from this episode:

  • The difference between disaster recovery and business continuity.
  • The biggest mistakes companies make with respect to disaster recovery and business continuity.
  • The first steps an organization can take in developing a business continuity plan.
  • The meaning of the acronym “FASTER” with respect to business continuity and disaster recovery.

Play the episode below:


To comment on this podcast or to suggest an idea for another podcast, contact Ken Tysiac, the JofA’s editorial director, at Kenneth.Tysiac@aicpa-cima.com.