SSAE 16 - a new accounting standard for evaluating service organizations' operational and financial controls - will replace SAS 70 effective June 15, 2011.
Tags: AICPA, SSAE 16, SOC, internal control, SAS 70, service organization controls
New Video Posted- Internal Controls Considerations for Nonprofits
Tags: Internal Controls, risk assessment, Vibato Products, Sarbanes-Oxley Training, risk management, Vibato
You're Invited - Webinar: How to Perform a Financial Risk Assessment
You are cordially invited to the Vibato Webinar Series, How to Perform a Financial Risk Assessment being held on Thursday, June 23, 2011 10:00 AM - 11:00 AM PDT.
Tags: risk assessment, Vibato Webinars, risk management, Internal Control Education
We are often asked how long company's must keep their internal controls documentation and when we tell them, we are often met with shocked stares but here is your answer:
Tags: Internal Controls, financial risk, Controls Testing, personal risk, compliance
A recently published survey suggests that many CFOs are unhappy with their Big 4 audit firms but that there's not much the CFOs are doing about it. Read about the survey here.
Tags: audit