In Brief Software as a Service (SaaS) has gone from the cutting edge to a core technology for many businesses. But given the wide scope…
In Brief The risk of fraud or noncompliance with rules and regulations is ever present in the current business and legal environment. Managing this risk…
The origins of cloud computing go back more than 20 years, with the first reference appearing in a 1996 internal Compaq document (Antonio Regalado, “Who…
ICYMI | Cybersecurity Risks and Controls
Is the AICPA’s SOC for Cybersecurity a Solution?
In Brief As high-profile corporate data breaches continue to occupy headline space, businesses are grappling with how to confront a serious risk that changes on…
Performing Tests of Internal Controls Using Process Mining
What Could Go Wrong?
Process mining provides a new approach to gathering audit evidence by automatically analyzing the entire population of event logs recorded in a company's IT system.…
Cybersecurity Risks and Controls
Is the AICPA’s SOC for Cybersecurity a Solution?
In Brief As high-profile corporate data breaches continue to occupy headline space, businesses are grappling with how to confront a serious risk that changes on…
Risks and Rewards of Financial Disclosure on Twitter
What CPAs and Management Should Know
In Brief Twitter has become an important distribution channel, but using the social media platform presents unique challenges. The authors examine the current regulatory environment…
Around the globe, cybercrime cost society over $3 trillion in 2018, and this cost is forecast to rise to $6 trillion by 2021 (“Cybercrime Damages…
The Committee of Sponsoring Organizations of the Treadway Commission (COSO) released Enterprise Risk Management—Integrating Strategy with Performance in September 2017 to emphasize the importance of enterprise risk…
The Risks of Fraud Collusion
Are We Only Looking at Lit Corners?
The Association of Certified Fraud Examiners (ACFE), in reporting on collusion in its 2018 Report to the Nations(http://bit.ly/2BIITfH), indicates that there is a direct correlation between…
In Brief The risk of fraud or noncompliance with rules and regulations is ever present in the current business and legal environment. Managing this risk…
New Litigation and Regulatory Risks
A Panel Discussion
About the Panelists The panel featured Mark A. Adler, JD, acting director and chief trial counsel in the division of enforcement and investigations at the…
ICYMI | Managing Risk at the Speed of Change
A New Risk Vocabulary and a Call to the Profession
Electronic commerce has changed the pace of business activity. One McKinsey estimate speculates that the current rate of change is 10 times that of the…
Enterprise Technology Risk in a New COSO ERM World
Eight Challenges Facing Management
The release of the revised Committee of Sponsoring Organizations (COSO) Enterprise Risk Management—Integrated Framework could not have come at a better time for technology risk professionals and…
Managing Risk at the Speed of Change
A New Risk Vocabulary and a Call to the Profession
Electronic commerce has changed the pace of business activity. One McKinsey estimate speculates that the current rate of change is 10 times that of the…
Forté Capital’s Selected Statistics: Risk of Recession in the United States
Economic and Market Data
RISK OF RECESSION The probability that the United States economy will fall into a recession in six months fell from 9% in December to 8%…
Audit committees and the financial executives who interface with them (e.g., CFOs, controllers, CPAs, internal auditors, business line managers) continue to devote significant attention to…
People today live with more uncertainty than in the past. To some extent, this is because new technology and vehicles of communication, not to mention…