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ssAdmin Cybersecurity requirements provide new opportunity for CPAs CPAs have a new opportunity to act as third-party assessors of the cybersecurity maturity of U.S. defense contractors as they work to comply with new regulations that have been created to combat cyberthreats. CPAs currently providing System and Organization Controls (SOC) services, cybersecurity or IT security services, or … Read more
“Hack everybody you can”: What to know about the massive Microsoft Exchange breach Cybersecurity responders are working around the clock to shore up networks hit by last week’s hack of Microsoft’s Exchange email service — an attack that has impacted hundreds of thousands of organizations worldwide. On Friday, the White House urged victims to patch systems … Read more
Business Tax Effects of New Covid Stimulus Law, American Rescue Plan Act In addition to the $1,400 stimulus payments to many Americans, the American Rescue Plan Act provides many other relief measures, and also some new business tax measures, that should be noted. The American Rescue Plan Act of 2021 (ARPA), enacted by … Read more
AICPA Leader Tells Congress of Urgent Need for a 60-day Delay in PPP Application Deadline Simpson also called upon Congress to extend the PPP application deadline by at least 60 days after March 31, 2021, citing urgent challenges facing small business and their CPA advisors, … Lisa Simpson, CPA, CGMA, vice president of firm services … Read more
The sudden transition to accommodate employees working remotely in response to the pandemic had many CPA firms rushing to establish or update their policies and security protocols to address working remotely, given the security challenges not present in traditional office environments. Many firms are opting to offer staff more permanent remote work arrangements. CAMICO is … Read more
LinkedIn tips for accountants and finance professionals Accountants should rethink their approach to virtual networking in a post-COVID-19 landscape. Networking has been unusually difficult over the past year, and most professionals have leaned on virtual platforms to form and maintain professional relationships. Many of the best practices for navigating LinkedIn have remained unchanged by the … Read more
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