Industry News & Updates
Finding or Building the Right Cybersecurity Framework for Your Organization
Numerous IT and cybersecurity frameworks exist that have been developed to assist organizations in implementing and validating controls to secure their information and systems. These frameworks have been built on best practices to prevent or mitigate threats and vulnerabilities; however, the challenge for organizations is understanding which framework will deliver the most value to their business. This determination includes the consideration and balance of several factors including the sensitivity of the data being utilized, business modes of operation, the technology stack and ecosystem, regulatory or contractual requirements, the impact to users or customers and, as always, available resources. In light of these challenges, how should an organization proceed?
Financial Reporting Update: October & November 2022
Our Financial Reporting Update highlights key developments and issues that are relevant to finance and accounting personnel. This edition includes updates on the FASB, SEC, AICPA and PCAOB
DOD Guidance – Managing Inflation on Contracts
Inflation is impacting everyone, and government contractors are no exception. The Department of Defense (“DoD”) Principal Director, Defense Price and Contracting recently released a memo reiterating that while contractors performing under firm fixed price contracts generally bear the risk of increased costs, FAR Part 50 allows for Extraordinary Contractual Relief if certain stringent criteria are met.
Financial Reporting Update: September 2022
Our Financial Reporting Update highlights key developments and issues that are relevant to finance and accounting personnel. This edition includes updates on the FASB, SEC, AICPA and PCAOB
Financial Reporting Update: August 2022
Our Financial Reporting Update highlights key developments and issues that are relevant to finance and accounting personnel. This edition includes updates on the FASB, SEC, AICPA and PCAOB
Financial Reporting Update: July 2022
Our Financial Reporting Update highlights key developments and issues that are relevant to finance and accounting personnel. This edition includes updates on the FASB, SEC, and AICPA.
Financial Reporting Update: April 2022
Our Financial Reporting Update highlights key developments and issues that are relevant to finance and accounting personnel. This edition includes updates on the FASB, SEC, AICPA, and PCAOB.
2022 NDAA – Changes to Other Transaction Authorities
The 2022 National Defense Authorization Act (NDAA) addresses Other Transaction Authorities (OTAs) in an attempt to increase oversight, transparency, and clarification on current rules, expand access for OTAs within the Cyber Security field, and increase focus on competition in OTA procurements.
Financial Reporting Update: March 2022
Our Financial Reporting Update highlights key developments and issues that are relevant to finance and accounting personnel. This edition includes updates on the FASB, SEC, AICPA, and PCAOB.
Financial Reporting Update: February 2022
Our Financial Reporting Update highlights key developments and issues that are relevant to finance and accounting personnel. This edition includes updates on the SEC, AICPA, and PCAOB.