Advisory November 14, 2023
Rightworks Acquires Tech 4 Accountants, Showcases OneSpace
The acquisition adds WISP consulting and supplementary managed security services to Rightworks' offerings.
Firm Management October 10, 2023
IT Auditors See Cyber Risks, Data Privacy and Talent Shortages as Top Challenges
A new survey conducted by Protiviti and The Institute of Internal Auditors (IIA) reveals which risks are keeping IT auditors up at night.
Technology September 7, 2023
The Accounting Technology Lab Podcast – Security Risks Update – Sept. 2023
Technologists Randy Johnston and Brian Tankersley, CPA, discuss the current security and technology risks that accounting, tax, and other financial firms face.
Accounting August 16, 2023
The Accounting Technology Lab Podcast – Safeguarding Client Data: Update on IRS Pub 4557 – August 2023
Technologists Randy Johnston and Brian Tankersley, CPA, discuss client data security and the new FTC Safeguards Rule: IRS Pub 4557.
Accounting August 15, 2023
SEC Addresses Some of IIA’s Recommendations in Cybersecurity Risk Management Rule
The final rule, “Cybersecurity Risk Management, Strategy, Governance, and Incident Disclosure,” requires greater transparency when organizations experience cyberattacks.
Firm Management August 8, 2023
No PII in Email? Is This Realistic In Firms Today?
Cyber insurance is now one of the most expensive lines on a firms’ business insurance policy.
Taxes August 3, 2023
TIGTA Says IRS Isn’t Properly Controlling Sensitive Tax Information
The report found that required tracking documents, such as Forms 3210, Document Transmittal, are not included with these shipments and/or not prepared properly.
Taxes July 13, 2023
IRS and Security Partners Announce Special Summer Series
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
How Accounting Pros Can Leverage Technology to Overcome the Biggest Struggles
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
Fast Track Compliance with the IRS Pub 4557 and the FTC Safeguards Rule – a No-nonsense Guide for Firm Owners
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
Rolling out Your Firm’s WISP – A Practical Guide for Firm Owners
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
Confused about IRS Pub 4557 vs FTC Safeguards Rule, and Which Applies to Your Firm?
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.