Audits Focus On Cybersecurity
In 2018, U.S. organizations that suffered a data breach lost an average of $7.91 million as a result. That is the highest average organizational cost of all the countries and
In 2018, U.S. organizations that suffered a data breach lost an average of $7.91 million as a result. That is the highest average organizational cost of all the countries and
Many businesses have adopted robotic process automation (RPA) or plan to do so in the future. While most RPA initiatives target ‘core’ business operations, routine accounting functions also can be
The accounting rules for reporting stock compensation have been expanded. They now include share-based payments to nonemployees for providing goods and services, under recent guidance issued by the Financial Accounting
Does your company have policies in place regarding the use of hedging transactions by company insiders? Final Securities and Exchange Commission (SEC) guidance will soon require public companies to disclose
Like most businesses, you have probably experienced a significant increase in the number of customers who prefer to make cashless payments. And you may be wondering: how does the acceptance
Under the Sarbanes-Oxley Act, the audit committee — not management or the full board of directors — is directly responsible for appointing, compensating, and overseeing external auditors. Periodically, it is
Private companies that follow U.S. Generally Accepted Accounting Principles (GAAP) must comply with the landmark new revenue recognition standard in 2019. Many private company chief financial officers and controllers report
Business owners sometimes mistakenly equate profits with cash flow. Here is how this can lead to surprises when managing day-to-day operations and why many profitable companies experience cash shortages. Working
The mergers and acquisitions (M&A) market was hot last year, and that momentum is expected to continue in 2019. Before acquiring another business, however, it is important to do your
The Financial Accounting Standards Board (FASB) recently gave private companies long-awaited relief from one of the most complicated aspects of financial reporting — consolidation of variable interest entities (VIEs). Here