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Independent Standard-Setting Boards
The International Auditing and Assurance Standards Board sets high-quality international standards for auditing, assurance, and quality control that strengthen public confidence in the global profession.
The International Accounting Education Standards Board establishes standards, in the area of professional accounting education, that prescribe technical competence and professional skills, values, ethics, and attitudes.
The International Ethics Standards Board for Accountants sets high-quality, internationally appropriate ethics standards for professional accountants, including auditor independence requirements.
The International Public Sector Accounting Standards Board develops standards, guidance, and resources for use by public sector entities around the world for preparation of general purpose financial statements.
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Risk Management & Internal Control
Proper risk management and internal control help organizations understand the risks they are exposed to, put controls in place to counter threats, and effectively pursue their objectives. They are therefore an important aspect of an organization’s governance, management, and operations. Professional accountants can and should play a leading role in helping their organizations achieve an integrated, organization-wide approach to risk management and internal control—which ultimately helps create, enhance, and protect stakeholder value. Read More
You are now viewing all "cybersecurity" resources. View All Risk Management & Internal Control Resources
The cost of cyber attacks to businesses and individuals globally is estimated to be around USD $133 billion, $1 billion in Australia and $625 million in New Zealand. Cyber security is an escalating risk and has become top priority for the boardroom agenda and CIO’s all over.
This web page offers resources and information on digital security for small businesses.
They hack into companies' email, pretend to be senior executives and direct employees to make bogus financial transactions.
UHY Insights paper on Cyber Security which highlights the importance to businesses of protecting the critical information assets and contains useful information and recommendations to help.
The steady barrage of headlines about cybersecurity underscores a topic viewed with wary eyes by many executives, board members, and investors.
Cyberspace is a technological development that creates significant and pervasive opportunities and risks for society, business and individuals. This Director Alert provides boards of directors with a summary of risks and security considerations to discuss with management as they embrace cyberspace as part of their business strategy.
This article discusses how executives, board members, and internal auditors can help the IT department better protect the organization’s valuable intellectual property from cyberattack.
- Small Firms Slower to Adopt New Internal-Control Guidelines
June 17, 2015 - Wall Street Journal CFO Journal
- Cost of Cyber Security Breaches More than Doubles
June 4, 2015 - Economia
- Improve Your Data Security and Keep the Hackers Out
June 1, 2015 - In the Black
- New Report from IFAC Tackles Risk Management
May 19, 2015 - Accounting Web
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