A new investigative report from the US Securities and Exchange Commission cautions public companies to consider cyberthreats when implementing internal accounting controls. "It's good advice," writes IIA President and CEO Richard Chambers. But as internal auditors know, cybersecurity preparedness is not just an issue when implementing accounting controls -- it is an important facet of risk management every day, he writes.
Signs of a global economic downturn appear in statistics of three of the biggest economies. Data show GDP of Japan and Germany declined in the third quarter, while weak growth of credit and consumption suggests China is headed into a slump.
CFOs can be valuable allies for CEOs as they lead companies through digital transformation. CFOs already have many important attributes, including visibility into organizational data and experience with capital allocation.
One-third of Medicare beneficiaries were enrolled in Medicare Advantage plans last year, the Kaiser Family Foundation reports. The cost of these plans varies from state to state, with Nevada expected to have the least-expensive plans in 2019, according to one ranking.
The Tax Court has held that it did not have jurisdiction under Sec. 6330(d)(1) to determine the amount and order the credit or refund of a taxpayer's overpayment when reviewing a Collection Due Process case.
Many recruiters expect the hiring process to become even more competitive in the coming 12 months, according to a Jobvite survey. Here is a look at several trends that might shape the hiring market, including a focus on the reputation of companies and job candidates.
Securities and Exchange Commission officials, including the chairman and chief accountant, stressed the importance of having a strong corporate control environment and robust internal controls at a recent event. Chairman Jay Clayton said the SEC is more likely to act when there is a cyberbreach at a company that doesn't have a strong tone or controls, noting that "if our sense is that the tone was good, we're much more sympathetic to remediation, resolving and going forward for the company."
- Page 1