What Cyber Framework Rules are used for IT?

When considering which cyber framework rule to adopt, it is important to assess your organization’s specific needs, goals, and resources. Consider conducting a thorough assessment, involving key stakeholders, and seeking expert advice to make an informed decision. Comparison of ITIL, COBIT, NIST, SOC2, ITSM, and ISO 27001 frameworks.

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How to Write a Journal Entry
August 18, 2023 - Improve Accounting

Accounting is often dubbed the “language of business,” and at the core of this language lies the humble journal entry. Crafting am entry in the journal first might seem like a straightforward task, but its accuracy and clarity are vital for maintaining transparent financial records. In this article, we’ll delve into the intricacies of writing […]

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Who Doesn’t Follow IFRS?
August 9, 2023 - Simplify Compliance

A lot of people are interested in companies that don’t follow International Financial Reporting Standards (IFRS). Those standards are set by the International Accounting Standards Board (IASB). But, some firms don’t stick to them – either by choice, or because of differences in regulations. Who doesn’t follow IFRS?

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How Many Types of Accounting Policies are There?
August 5, 2023 - Improve Accounting

Accounting policies are essential for financial management in organizations. They provide a plan for how transactions are logged, stated, and interpreted. Policies ensure correctness and openness in financial statements by establishing consistent rules. How many types of accounting policies are there?

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What’s Rule 216 in Accounting?

Rule 216 is a must-have for accountants. It’s like a compass, showing them the way to financial reporting accuracy and transparency. What’s rule 216 in accounting?

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How Many ITIL Rules are There?
August 4, 2023 - Simplify Compliance

ITIL stands for Information Technology Infrastructure Library – a bundle of practices used to manage IT services. With its rules and principles, it’s a valuable asset for firms around the globe. But how many rules are there in ITIL? How many ITIL rules are there?

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What are the Accounting Rules and Standards in the Philippines?
August 3, 2023 - Improve Accounting

Accounting in the Philippines needs certain rules and standards in place to guarantee accuracy and clarity. This framework, called Generally Accepted Accounting Principles (GAAP), explains how financial transactions are logged, classified, and shown. So, all organizations can make the same financial reports. What are the accounting rules and standards in the Philippines?

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What are Commonly Followed Accounting Rules and Standards in Canada?
August 2, 2023 - Improve Accounting

Accounting rules in Canada are essential for keeping financial information accurate and transparent. These standards guarantee that organizations stay within the GAAP (Generally Accepted Accounting Principles) guidelines, promoting fair and reliable reporting. What are commonly followed accounting rules and standards in Canada?

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What Happens if Process is Not Followed?
August 1, 2023 - Reduce Business Risk

Processes bring order. They reduce errors, keep tasks consistent and save time. Without them, chaos takes over, and nothing gets done. Neglecting processes and not following procedures causes problems. People can miss steps, leading to flawed results, poor quality, and even audit findings for not following procedures or processes. They can also get lost, not […]

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