Assessing and Mitigating Key Person Risks

Auditing standards require a year-end risk assessment. One potential source of risk may be a small business’s reliance on the owner and other critical members of its management team. If a so-called “key person” unexpectedly becomes incapacitated or dies, [...]

By |2021-01-15T13:38:47-05:00January 15th, 2021|Categories: Audit, Blog|Tags: , , , , , , |Comments Off on Assessing and Mitigating Key Person Risks

Prevent And Detect Insider Cybercrime Schemes

In one recent cybercrime scheme, a mortgage company employee accessed his employer’s records without authorization, then used stolen customer lists to start his own mortgage business. The perpetrator hacked the protected records by sending an email containing malware to [...]

By |2020-12-29T13:02:29-05:00December 29th, 2020|Categories: Blog|Tags: , , , , |Comments Off on Prevent And Detect Insider Cybercrime Schemes

Risk Assessment: A Critical Part of the Audit Process

Audit season is right around the corner for calendar-year entities. Here’s what your auditor is doing behind the scenes to prepare — and how you can help facilitate the audit planning process. The big picture Every audit starts with [...]

By |2019-12-18T18:31:36-05:00December 18th, 2019|Categories: Audit, Blog|Tags: , , |Comments Off on Risk Assessment: A Critical Part of the Audit Process
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