Internal controls are a system of policies and procedures organizations put in place to protect assets and improve operating efficiency. Effective internal controls are critical to accurate financial reporting. A…
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Data security is a critical part of the audit risk assessment. If your financial statements are audited, your audit team will tailor their procedures to answer critical questions about cyber…
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On August 26, 2020, the SEC announced amendments to Regulation S-K. The changes are intended to modernize disclosure requirements in Item 101 (description of business), Item 103 (legal proceedings), and…
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The sudden shutdown of the economy in March because of the COVID-19 pandemic forced many businesses to rely more heavily on technology. Some companies fared better than others. Many businesses…
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You don’t learn to walk by following rules. You learn by doing, and by falling over.’ –Richard Branson In 1996 ISACA, the former Information Systems Audit and Control Association (now…
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As I sit and dream of the sand, sunlight and ocean water, I’m a reminded of a game that my kids were introduced to during last year’s family reunion. It’s a…
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