What Lessons about Cybersecurity Can We Learn from Equifax?

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Securing Data: What an Executive Needs to Know An Executive Brief from Stephen Webster, MRE’s Chief Technology Officer Even a casual observer of the morning news is aware of the dangers hackers pose to American businesses. As an executive, you may be called upon to make decisions about how to protect your company’s data even… Read more »

Revenue Recognition Follow Up Summary

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In January 2018, the new revenue recognition standard (Update No. 2014-09; ASC 606) takes effect. The standard has broad implications and may affect many parts of your organization: financial statements, business processes, taxes, and internal controls over financial reporting. It requires the collaborative efforts of multiple departments within the company, including financial reporting, IT, sales,… Read more »

Sales & Use Tax

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With an estimated 7,500 state and local taxing jurisdictions and the complexity of state and local sales and use tax laws and regulations in these different jurisdictions, ensuring that your company is in compliance with these laws and regulations can be a difficult task. Recent research suggests that there may be as much as $26bn… Read more »

New Demands on Compliance and Controls

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Quality Assurance: A Necessary Ingredient for Internal Control Management’s ability to fulfill its financial reporting responsibilities often depends on the design and effectiveness of the processes and safeguards it has put in place over accounting. While no control system can absolutely assure that financial reports will never contain material errors or misstatements, companies must discuss… Read more »