ThomsonReuters

JANUARY 12, 2023

The primary role of an accountant is to handle a variety of tasks including tax preparation, financial planning and audits. . With advanced technology shifting the way accountants work, many are looking to expand into specialized services that can give them a leg up on the competition. Let’s start from the beginning. .

Technology 59

Technology Compliance Start-ups Accounting Firms 59

Audit Board

AUGUST 16, 2023

In times of economic crisis, business leadership must lean on the guidance and insights of its audit, risk, and compliance professionals to make decisions that protect value. There are a number of measures internal auditors can take to provide extra risk assurance to the business during periods of economic volatility.

Compliance 52

Compliance Marketability 52

Audit Board

JUNE 3, 2022

An ESG audit will also substantiate the accuracy of any ESG-related data your organization discloses to employees, stakeholders, and regulatory entities. Read on to learn more about what an ESG audit entails and our preliminary ESG audit checklist. . What Is an ESG Audit? . What Is an ESG Risk? .

Compliance 98

Compliance Start-ups Equity Finance 98

ThomsonReuters

SEPTEMBER 22, 2023

more frequently “to help them with a wide range of employment matters, such as selecting new employees, monitoring performance, and determining pay or promotions.” The guidance includes a list of questions and answers designed to help employers avoid potential discrimination issues when utilizing A.I.

Compliance 52

Compliance Technology 52

ThomsonReuters

MAY 12, 2022

What triggers a sales tax audit and how do you reduce the risk of an audit? Almost all companies undergo a sales tax audit at some point. It is not only time-consuming, but also takes lots of resources as the process can take from a few weeks to several months. What is a sales tax audit?

Compliance 105

Compliance Technology 105

ThomsonReuters

DECEMBER 17, 2020

With the recent rash of public company fraud issues that were missed both internally and by external auditors, there has been a lot of negative news coverage for the accounting industry. But what does this mean for small CPA firms who don’t perform audits? How public company fraud affects the small CPA firm.

Accounting Firms 95

Accounting Firms 95

Audit Board

AUGUST 28, 2022

Investing in your team’s skills and professional development via privacy education and certifications can help your company create a sustainable competitive differentiator while also retaining key individuals. . Education empowers employees and makes them feel that their job is not just to execute. private sector.

Technology 52

Technology Compliance Marketability 52

Audit Board

OCTOBER 30, 2022

Thousands of audit, risk, sustainability, and compliance professionals tuned in virtually for Audit & Beyond 2022 , AuditBoard’s fourth annual user conference, joined by hundreds who attended the event in person at Terranea Resort in Los Angeles, CA. A Connected Risk Model Is Key to Close the Business Resilience Gap.

Compliance 52

Compliance Technology 52

Audit Board

NOVEMBER 8, 2023

Founded to secure credit card payments and customer data by the five leading card brands, PCI DSS requirements mandate that organizations holding or processing payment card data establish and maintain information security measures to protect their cardholder data environment (CDE). What Does it Mean to Be PCI Compliant?

Compliance 52

Compliance Start-ups Banking Technology 52

Audit Board

APRIL 25, 2022

Security and compliance have synergies, but they aren’t the same, and it can be challenging to tease them apart. Read on to learn how to differentiate security vs. compliance, and how to use each to help your company best protect itself against cybersecurity threats and enhance its reputation with clients. .

Compliance 90

Compliance Technology 90

Audit Board

SEPTEMBER 7, 2023

What does “good” ESG governance and strategy look like, and how are companies integrating it with existing risk and compliance governance structures? They feel an increasing urgency to get in place the people, processes, controls, and technologies needed to support reliable, up-to-date, accessible, and auditable ESG reporting.

Compliance 52

Compliance Start-ups Specific Risk Marketability 52

ThomsonReuters

MAY 27, 2022

In a recent webcast , Virginia Thompson, Senior Product Manager at Thomson Reuters, and Jeff Rohe, Vice President and Product Manager at Infor, discussed the latest global regulatory changes that businesses need to know to mitigate international trade risk and remain compliant. This has fundamentally changed how we transact across borders.

Compliance 93

Compliance eCommerce Start-ups Technology 93

Internal Audit 360

JULY 5, 2021

As the SEC explains in its administrative order noting the settlement of the chargers, it hit Quad/Graphics with the $10 million fine partly because the company neglected to conduct any internal audits of its anti-bribery and anti-corruption programs. Most internal auditors will be familiar with the U.S.’s Not Just U.S.

Data Analysis 52

Data Analysis Compliance Marketability 52

Audit Board

AUGUST 10, 2023

As customers and consumers have become increasingly conscious of environmental and social issues, so too have investors, corporate executives, employees, and stakeholders. Selecting the right ESG metrics, technology, and methods of data collection can make the road to effective ESG disclosures that much smoother. What Are ESG Metrics?

Compliance 52

Compliance Start-ups Data Analysis Equity 52

Reynolds Holding

DECEMBER 18, 2022

The EU’s General Data Protection Regulation 2016 (the “GDPR”) changed the global privacy landscape, and has been called the “gold standard” for data protection regulation. This blog post explores some of the borrowed GDPR concepts and suggests resources companies might use as they develop their compliance programs.

Banking 45

Banking Compliance Start-ups Technology 45

Audit Board

SEPTEMBER 14, 2023

Furthermore, a good VRM program can play a major role in an organization’s information security posture and enable stakeholders to make informed choices about third-party relationships. Operational risks encompass employee conduct and errors and system failures.

Compliance 52

Compliance Start-ups Accounting Firms Technology 52

Audit Board

NOVEMBER 1, 2023

IT risk assessments can be a great way to gain insight into your organization’s IT environment, risks, and controls. When completed in a methodical and well-scoped manner, IT risk assessments can be an extremely valuable tool for many stakeholders across the organization, including enterprise risk, audit, compliance, and security departments.

Compliance 52

Compliance Technology Dividends Start-ups 52

Audit Board

JUNE 14, 2023

The importance of ESG reporting continues to gain steam with investors, consumers, and employees adding pressure to mandate and standardize these types of disclosures. With regulation on the horizon, internal audit, risk, and compliance professionals are well positioned to help their organizations get ahead.

Compliance 52

Compliance Start-ups Marketability Equity 52

ThomsonReuters

APRIL 12, 2022

While the rules were often complex and the substantiation requirements thorough, COVID-19 credits were well worth claiming and significantly helped companies stay financially afloat. When employers file amended returns for the employer’s portion of overreported tax, there are two methods they can use to correct or recover the overpayment.

Start-ups 98

Start-ups Treasury 98

Audit Board

JANUARY 4, 2023

While the European Union passed the General Data Protection Regulation (GDPR) which went into effect in 2018, the U.S. has struggled to pass its version called the American Data Privacy and Protection Act (ADPPA). The CPRA amends the CCPA and includes additional consumer privacy protections. 2023 Updates to U.S.

Compliance 52

Compliance B2B 52

Audit Board

MAY 3, 2023

The good news about internal controls is that everyone in a company is responsible for them. The bad news about a company’s internal controls is the same — everyone is responsible for them. Promoting a strong internal control environment should be part of every organization’s culture! What Are Internal Controls ?

Compliance 52

Compliance Technology Start-ups 52

Audit Board

JULY 19, 2023

The single piece of advice I offer internal auditors more than any other is to “follow the risks.” If internal auditors follow the risks, they enjoy a much greater likelihood of allocating scarce internal audit resources where organizations are most vulnerable.

Start-ups 52

Start-ups Compliance 52

Audit Board

JUNE 8, 2023

Compliance audits are a broad topic that can affect many organizations across different parts of an organization. There can be different kinds of compliance audits being performed at any given point in time, and at first glance the world of compliance is full of opacity and acronyms. What Is a Compliance Audit?

Compliance 52

Compliance Start-ups Technology Accounting Firms 52

Audit Board

MARCH 17, 2022

With evolving SEC regulations and investor pressure, companies need to quickly adapt to these changes — including assessing and improving their internal control environment. Key ESG internal control objectives. Key ESG internal control objectives. What Is the Role of Internal Controls in ESG? To start, what is ESG?

Start-ups 98

Start-ups Technology Accounting Firms Compliance 98

Audit Board

SEPTEMBER 6, 2023

How can security controls feed into and supplement risk management activities that are taking place, like risk assessments? The NIST CSF is a set of “ standards, guidelines, and practices to promote the protection of critical infrastructure.” NIST works with federal agencies to develop best practices in accordance with FISMA.

Compliance 52

Compliance Start-ups Technology 52

Audit Board

MARCH 31, 2022

The procedures that a company follows and the actions that employees take in order to achieve the desired results of the business — including the guidelines and cultural norms that they follow as they do so — are established by a company’s internal controls management.

Compliance 52

Compliance 52

Audit Board

JULY 7, 2023

Conveying the mission and brand of your organization internally. Leaders from Emburse, Aptiv, and Boston Consulting Group discuss changes in the IT risk industry, addressing risk, and conveying value internally. How have you seen IT risk and control change over the past few years, and how do you see it continuing to evolve?

Compliance 52

Compliance Technology 52

ThomsonReuters

APRIL 8, 2024

Jump to: The impact of AI on business protection Navigating the shifted focus on consulting Automating the traditional method It is a transformational time for businesses as artificial intelligence (AI) increasingly impacts how companies of all industries operate and serve their customers. The accounting profession is no exception.

Compliance 52

Compliance Accounting Firms Technology Marketability 52

ThomsonReuters

FEBRUARY 8, 2024

Jump to: How are LLCs taxed? How can an LLC reduce its taxes? Managing an LLC As a business structure, the primary purpose of an LLC is to protect the owners’ personal assets from debt collection and lawsuits aimed at the LLC. How are LLCs taxed? This is how LLCs avoid double taxation (i.e.,

Start-ups 52

Start-ups Dividends Technology Marketability 52

Value Scope

SEPTEMBER 24, 2020

First, on December 17, 2019, SEC Commissioner Hester Peirce went on live television to call for greater oversight of how ESG is used by companies and the investment community. “. As more and more ESG investing happens, there will be more and more scrutiny as to how a fund defines its ESG qualifications. These are fair questions.

Intangible Assets 130

Intangible Assets Alpha Beta Marketability 130