Information Management

Data breaches emerge as tech sector’s fastest-rising risk factor

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

Safeguarding Data: Requirements and Resources

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

Execs Facing Discovery Challenges

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

Minding One's Own Business

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

Software Revenue Recognition on the Rise

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

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A new line of business to consider

Technology assessments may open the door to new engagement opportunities for your firm. What is a technology assessment? How do you perform one? JofA Tech Q&A author J. Carlton Collins shows you in a detailed explanation.

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Maximizing the higher education tax credits

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