Accounting Tip of the Day!
External Network Access Tip:
At times, external users may need to access your secure network (think onsite auditors who may need to use a printer or the like). This presents a Sarbanes-Oxley COBIT compliance problem as well as introducing your network to the potential hazards of a virus or a computer without a firewall. Since it can be very difficult to keep track of internal vs. external devices on your network on a day-to-day basis, we at Vibato and AccountingTemplates.com have come up with a nice solution to help mitigate the risk while providing a solution for companies with limited staff to help manage this problem.
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Tags: Accounting Tip of the Day, SOX, best-practice, sox compliance, accountingtemplates.com, secure network, external network, Vibato, accounting, firewall
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Tags: Internal Controls, audit, SOX, legislative compliance, SSAE 16, Sarbanes-Oxley, Vibato, SAS 70, accounting
Check CIO and Co-Founder of Vibato, Teresa Bockwoldt, speaking on how to test internal controls surrounding recognizing revenue! Any questions?
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Tags: Internal Controls, teresa bockwoldt, audit, Vibato, accounting, vlog, recognizing revenue
Commissioner Luis A. Auiglar from the SEC recently released an article regarding the importance of corporate disclosure at annual shareholder meetings, and the connection between transparency and happy investors.
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Tags: investing, BOD, political spending, leadership, proxy report, shareholder, annual shareholder meeting, Vibato, corporate governance, board of directors, educated investing
Jesse Jackson Jr. admits to violating campaign finance law, spending funds on things such as a $40,000 Rolex watch and personal travel expenses for a friend. His plea comes in response to a federal investigation which may have led to his resignation from his congressional seat in November 2012. Jackson wife, Sandi Jackson, could also potentially be charged in the case for receiving $5,000 a month as a ‘political consultant’. Depending on the decision of the federal judge, Jackson could be facing probation or possibly prison time.
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Tags: Internal Controls, campaign, congress, Jesse Jackson Jr., campaign finance, risk management, Sarbanes-Oxley, Vibato, fraud, government, federal investigation
