NSAC Happenings and Latest News - Page 57

Phone Hacks Can Happen to Anyone. Here's How to Protect Yourself

Published February 21, 2020

Start by knowing what could expose you to an attack, like vacation clues, hotel Wi-Fi and inadequate verification procedures.  The mobile phone belonging to Jeff Bezos, the founder and chief executive of Amazon, was allegedly hacked when he clicked a video sent through WhatsApp, essentially turning over control of his phone and all of its contents to the hackers.  Compromising the security of the world’s wealthiest ...

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How the Best Managers Identify and Develop Talent

Published February 7, 2020

Great managers are typically experts in their fields with a strong performance history and an interest in being in charge. But to lead effectively they need to develop another skill, one that is often overlooked: talent management.  The ability to see talent before others see it (internally and externally), unlock human potential, and find not just the best employee for each role, but also the best role for each employee, is crucial to ...

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7 ways to run a teleconference ??" and 6 ways not to

Published February 7, 2020

With planning and some attention to detail, a teleconference can be efficient and truly beneficial. In the modern workplace, hours are flexible, employees can work remotely and teleconferences are inevitable. So how do you get the best from teleconferencing?  Teleconferences may be necessary, but they are often approached with dread. Will the technology work for the entire meeting? Will those dialing in feel they have a chance ...

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Attention Taxpayers: Your Chances of Getting Audited Have Fallen Significantly

Published February 7, 2020

KEY POINTS The IRS audited roughly 1 out of every 220 individual taxpayers last year. A decade ago, those odds were closer to 1 in 90. The drop in audits correlates to budget and personnel reductions at the tax agency. Wealthy Americans are much more likely to be audited than low- and middle-income taxpayers. As the adage goes, the only sure things in life are death and taxes. But tax audits are another thing entirely.  A ...

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Audit Fees Keep Rising, Thanks to New Accounting Standards

Published February 7, 2020

Average audit fees increased 4.25 percent from 2017 to 2018, going from an average of $2,220,251 in 2017 to $2,314,703 in 2018, mainly driven by new standards from the Financial Accounting Standards Board, according to a new report.  The report, from the Financial Education & Research Foundation, an affiliate of Financial Executives International, found that more public companies are seeing an increase in the volume of work needed ...

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