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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
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Illustrates how Massachusetts Mutual Life Insurance Co. developed a framework to work through the company’s ongoing strategy and financial planning and analysis.
Scenario planning can help companies identify both risks and opportunities to drive more effective business decisions.
Chief audit executives and audit committee members see internal audit priorities differently, according to an annual Grant Thornton survey.
How to Protect against the 9 Most Common Cyber-Attacks
January 14, 2015 - CGMA Magazine
The 9 most common kinds of cyber-attacks–and how to prevent them
Cyber-Security: How Big is Risk to Small Businesses?
October 27, 2014 - CGMA Magazine
Small businesses often lack the resources to maintain a secure IT environment, and may falsely assume hackers only attack large organizations. These steps can help small businesses protect themselves against cyber-risks.
The Global State of Information Security Survey 2015 was conducted by PwC, gathering responses from more than 9,700 security, IT, and business executives in 154 countries.
A company’s financials, reputational risk remains the top non-financial concern for corporate directors. Another risk rooted in technology – cybersecurity and information technology risk – is rising quickly among directors’ concerns, according to the fifth annual Board of Directors Survey report by accounting, tax, and consulting firm EisnerAmper.
- 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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