Data breaches are becoming more frequent, aggressive and sophisticated. Here are some shocking statistics from the “Cost of a Data Breach Report 2022,” along with ways your auditor can help evaluate and mitigate your organization’s risk.
Tag: audit
How auditors assess cyber risks
Companies that fail to secure sensitive customer data and intellectual property won’t last long. Auditors can help measure and mitigate your company’s risk of a cyberattack.
Forecasting for 2021
Start off the new year right: Prepare your company’s prospective income statement, balance sheet and statement of cash flows.
The chances of IRS audit are down but you should still be prepared
The IRS just released its audit statistics for the 2018 fiscal year, and fewer taxpayers had their returns examined as compared with prior years. However, even though a small percentage of tax returns are being chosen for audit these days, that will be little consolation if yours is one of them. Latest statistics Overall, just[ … ]
Employee Benefit Plan Audit Quality – Journal of Pension Benefits
CariAnn J. Todd, CPA, is the Director of the Employee Benefit Plan Audit Group for BeachFleischman PLLC. She recently authored an article for the Journal of Pension Benefits that discusses how CPAs are addressing audit quality as well as some of the challenges in the process. Article Preview As a CPA, I am fortunate to[ … ]
