What Compliance Standards Require Policies and Procedures?

Numerous compliance standards across various industries require organizations to establish and maintain comprehensive policies and procedures. The specific standards applicable to a business depend on its industry, geographic location, and the nature of its operations. what compliance standards require policies and procedures?

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What Information Security Standards are used Around the World?

Adhering to Information Security Standards and guidelines not only aids in fulfilling legal obligations but also fosters trust among stakeholders and customers by showcasing a dedication to safeguarding confidential data. International standards like ISO/IEC 27001 are freely embraced by companies looking to improve their overall information security posture. What Information Security Standards are used is […]

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How Does a Company Protect Financial Data?

Protecting financial data is a critical aspect of cybersecurity for companies, as the compromise of such data can lead to financial losses, legal issues, and damage to the company’s reputation. How Does a Company Protect Financial Data?

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What Should a CFO Know About Corporate Governance Best Practices?

As a Chief Financial Officer, you have a crucial role in ensuring the success and sustainability of your company. Understanding and implementing corporate governance best practices is essential for effective decision making and mitigating potential risks. In this article, we will explore the key elements of corporate governance and why it is crucial for CFOs like […]

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How to Convert Accrual Basis to Cash Basis Accounting

Learn how to convert from accrual basis to cash basis accounting with this easy-to-follow guide. Understand the differences between the two methods and the advantages of each to make the best decision for your business. “

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How to Account for The Sale of Land

Learn the basics of accounting for the sale of land, including the different types of land sales, the accounting entries required, and the tax implications.

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What is Management’s Responsibility for Internal Controls?

Discover the importance of Management’s Responsibility for Internal Controls and how it helps organizations ensure accurate and reliable financial statements.

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What Types of Internal Controls are There?
July 14, 2023 - Tighten Accounting Controls

Internal controls are vital for safeguarding and organization’s assets and its financial integrity. They include processes, policies, and procedures for reducing risks and promoting compliance. They give management and stakeholders assurance that financial reporting and operations are reliable. What types of internal controls are there?

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How Many Sox Rules are There?
July 12, 2023 - Simplify Compliance

SOX – eleven titles, endless rules. Many are curious to know the extent of the regulations under this landmark legislation. Each title focuses on corporate responsibility, transparency, financial disclosures, and auditor independence. But it’s not just about counting the rules. It’s understanding how they all connect and overlap – a daunting task! How many Sox rules […]

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