Taxes July 13, 2023
This marks the eighth year that the Security Summit partners have worked to raise awareness about these issues through the "Protect Your Clients; Protect Yourself" campaign.
Accounting July 3, 2023
Firms need to consider technology as an opportunity – not a challenge - to help drive efficiency and overcome their top five talent-related challenges.
Advisory June 28, 2023
By now, most tax preparers are aware they need to comply with the FTC Safeguards Rule and IRS Publication 4557. Failure to do so could result in stiff penalties.
June 21, 2023
It only takes one breach to destroy a firm’s good reputation, and breaches are stressful and costly to remediate. Plus, most firms cannot afford the possible FTC penalties for non-compliance.
Accounting June 20, 2023
Practitioners who fall under the ruling may be subject to an investigation by the FTC which could result in steep penalties and fines for not complying - up to $43,000 per day.
Accounting June 14, 2023
While primarily targeted at companies maintaining more than 5,000 client records (think tax returns), certain safeguard components are required for firms with fewer than 5,000 records.
Accounting June 1, 2023
The new solution from ShareFile improves client experiences by delivering simple, frictionless interactions.
Accounting May 22, 2023
All firms should have comprehensive computer and Internet usage policies in place to set guardrails on what is acceptable and secure usage of the firm’s technology infrastructure.
Technology May 22, 2023
The ban on data transfers was widely expected and once prompted the U.S. firm to threaten a total withdrawal from the EU.
Accounting April 21, 2023
The future of financial reporting will show an increased use of automation and artificial intelligence to improve the efficiency and accuracy of an organization’s checks and balances.
Accounting March 22, 2023
A company's reputation, which may have taken years or even decades to build, can be irreparably damaged in just seconds due to a single security breach.
February 13, 2023
71% worry about accidental internal staff error as one of the top threats facing their companies, almost on par with concern about outside hackers (75%).