Happy Thanksgiving!

Posted by Alexa Foxon Thu, Nov 24, 2016 @ 09:01 AM

BATO and the Team would like to wish you a Happy Thanksgiving! 

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Tags: BATO, Vibato, Thanks, Thanksgiving

Top Reasons Form AP is a Step in the Right Direction

Posted by Alexa Foxon Thu, May 12, 2016 @ 01:11 PM

SEC Approves PCAOB, Form AP, on Disclosing Engagement Partner Name

PCAOB rules for disclosing the name of the engagement partner and information about other firms participating in audits have been approved by the SEC. Starting January 31, 2017, auditors will be required to fill out Form AP with the PCAOB disclosing all engagement partners working on public audits and information about other audit firms participating in the audit. This information will be searchable by engagement partner name, audit firm, or public company on a public database. 

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Tags: PCAOB News & Information, external audit, Public Company Accounting Oversight Board, SEC approval, Reputation, auditor, Form AP, Vibato, PCAOB, SEC

The Power of Optimizing Your Internal Controls

Posted by Guthrie Chenon Mon, May 26, 2014 @ 03:00 PM

Let’s face it, dealing with internal controls from time to time can be a headache and can certainly get out of hand. The power of an organized internal control structure yields a plethora of benefits in terms of cost efficiency, reduced workload, fewer headaches, and happier employees – You know what they say, Organized People Play™.

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Tags: Internal Controls, segregation of duties, control reduction, SOX, auditing standards, audit costs, Controls Testing, SOX Compliance Made Simple, internal audit, Process Improvement, software, sox compliance, internal control, Sarbanes-Oxley, Vibato, audit scope, internal control tips

Vibato's May Announcements

Posted by Alex Roweon Mon, May 06, 2013 @ 01:30 PM

It's an exciting month here at Vibato! Check out new website, CPE events, and informational resources!

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Tags: Sarbanes-Oxley Articles & Information, segregation of duties, Vibato Partners, SOX, Vibato Products, Vibato Webinars, Petition, SOX Compliance Made Simple, BATO, Process Improvement, SOX & the Justice Department, software, sox compliance, accountingtemplates.com, Jeffrey Skilling, White Collar Fraud, Bay Area Accounting Professionals Mixer, CPE, Sarbanes-Oxley Training, Sarbanes-Oxley, Vibato, Internal Control Education, Sarbanes-Oxley for Non-Profits

Vibato launches new website AccountingTemplates.com

Posted by Alex Roweon Wed, Apr 24, 2013 @ 11:47 AM

 

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Tags: accountingtemplates.com, Sarbanes-Oxley, Vibato, accounting, accounting templates

Fighting Fraud Video from the Center for Audit Quality

Posted by Alex Roweon Tue, Apr 09, 2013 @ 01:20 PM

The video touches on what motivates the average person to commit fraud; Pressure, Opportunity, and Rationalization. It also explains how accountability begins at the top level with the actions and attitude of the CEO, Board of Directors, and Audit Committee. Next it moves into suggestions for helping to prevent fraud, such as professional skepticism and training all employees to detect red flags. Last but not least, the video explains the importance of the Internal Auditor, who helps assess fraud risk and test the efficiency of internal controls.

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Tags: Internal Controls, Vibato, fraud, center for audit quality, internal auditor

Should you Disclose your Social Media Content?

Posted by Alex Roweon Wed, Mar 27, 2013 @ 11:34 AM

Social media has previously not been an issue when it came to your SEC or other public filings, but that may be changing...  

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Tags: Internal Controls, social media, best-practice, FINRA, disclosure, Vibato, SEC, Division of Investment Management

PCAOB Audit Standards to get a Codification-Type Treatment

Posted by Alex Roweon Tue, Mar 26, 2013 @ 03:05 PM

Today The Public Accounting Oversight Board released a proposal to re-organize their official auditing standards. The document is open to public comment, and a meeting was held early this morning to begin the process. 

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Tags: Internal Controls, auditing standards, Martin Baumann, Vibato, PCAOB

Vibato Vlog- General Ledger Account Change Request

Posted by Alex Roweon Tue, Mar 26, 2013 @ 10:40 AM

Check out CIO and Co-Founder of Vibato, Teresa Bockwoldt, explaining the best way to deal with a General Ledger Account Change Request.

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Tags: Internal Controls, teresa bockwoldt, best practices, accountingtemplates.com, Vibato, general ledger account change request

Cyber Threats & Climate Change – New Disclosure Considerations

Posted by Alex Roweon Mon, Mar 25, 2013 @ 12:11 PM

With new elements of business constantly emerging, controversy arises over what are considered material risks when it comes to financial reporting. The public is beginning to demand that companies disclose liabilities regarding cyber threats and even climate change. Normally these topics are avoided in reports, as they are highly subjective and can sway opinions easily. But this is the first proxy season that shareholders are asking for detailed disclosure on the topics. 

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Tags: financial reporting, cyber threats, proxy season, fast, BATO, shareholders, material risks, Vibato, SEC, transparency, climate change