NSAC Happenings and Latest News - Page 35
Hackers Have a Devastating New Target
A major gas pipeline. Dozens of government agencies. A Florida city's water supply. And now, one of the world's top meat producers. The last few months have seen a sharp rise in cyberattacks, often disrupting products and services that are key to our everyday lives. Many of those attacks have used ransomware, a set of tools that lets hackers gain access to computer systems and disrupt or lock them until they get paid.
Read MoreStarting or Jump-Starting an Internal Audit Department?
Organizations will deploy many layers of defense to ensure there are sufficient controls in place to manage risk, avoid setbacks, and aid in achieving company objectives. The Institute of Internal Auditors (IIA) is an industry authority on internal auditing, along with other functions related to the internal auditing function.
Read MoreTips for Lease Accounting Amid Financial Uncertainty
It’s been more than a year since the pandemic began, and while the vaccine rollout is reason for optimism, many organizations will be dealing with financial fallout for the foreseeable future. While private businesses and not-for-profit organizations face mounting financial pressures, many are also still contending with the adoption of new guidance for lease accounting. And public companies that have already adopted the new guidance need to ...
Read MoreIRS Increases HSA Amounts for Inflation for 2022
The Internal Revenue Service is adjusting the limits for health savings accounts and high deductible health plans for inflation in new guidance Monday.
Read MoreModernize the Monthly Financial Close Process
Knowing where your client’s business stands financially has never been more critical for its financial health than now. As the past year-plus has shown, you never know when a sweeping global event such as a pandemic will fundamentally change the way businesses operate. That said, real-time visibility into your client’s business finances isn’t possible without the appropriate resources in place. At times, what might feel like functioning ...
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