If your company reports under AICPA SOC (System and Organization Controls) 2, you should already be preparing for the new guidance and updated Trust Services Criteria (TSC) that take effect for periods ending after December 15, 2018.
With millions of dollars at stake, an overextended real estate developer has a lot to lose if lack of funds causes a project to collapse. To attract investment capital, some developers have been known to resort to financial statement fraud.
With the number of individuals impacted by Starwood breach, the big question yet to be answered is, “Who was specifically impacted?”
A new standard published in 2016 by the Financial Accounting Standards Board (FASB) will change the way banks report expected credit losses.
Manufacturers are more vulnerable to fraud than companies in other industries. The median fraud loss in the manufacturing sector was $240,000, according to the 2018 Report to the Nations published by the Association of Certified Fraud Examiners (ACFE).
Here are some of the key tax-related deadlines affecting businesses and other employers during the first quarter of 2019. Keep in mind that this list isn’t all-inclusive, so there may be additional deadlines that apply to you.
This Breach Hits Home: Why is the Marriott/Starwood Data Breach Different? And How Can You Protect Yourself?
Marriott shared today the awareness of a data breach that has impacted the Starwood network since 2014. This one is different, because hackers appear to have gained access to information more personal than credit cards.