Life insurance policies are a great way to pass on a large sum of money to a beneficiary when the policy holder passes away. But one often overlooked strategy is using life insurance policies to make charitable donations – and that’s a key strategy for non-profits to educate their donors
https://www.youtube.com/watch?v=iK12T-Xn9l4 Can’t watch the video? Get the transcript. There’s no green checkmark or pass/fail on a SOC report, so interpreting them can be a bit of a challenge. In this short video, top SOC reporting pros Robert Ramsay and Regina Akrong dive into what to look for, key elements of
Expect the Best. Plan for the Worst. Expecting the best and planning for the worst may seem like content for a motivational poster. But when it comes to IT and data management, it ought to be doctrine. You’ve designed your systems to run how and when you need them to
Many of us remember the emotions we felt when a school year ended and summer break began. But it’s a different story for non-profits that provide primary and secondary education services – for them, the end of the school year means rolling up their sleeves to continue the planning and
As the pandemic battered the economy in 2020, the Association of Certified Fraud Examiners predicted a rising tide of tax fraud scams that would escalate in 2021. As tax season heats up, that prediction is bearing out, and even savvy professionals aren’t immune. Here’s what you need to know, and
Secure Customer Payment Information Do you accept or process credit cards? Or do you develop software that deals with card data? Then, PCI DSS applies to you. The Payment Card Industry (PCI) data security standard is a set of security standards that apply to any company that accepts, processes, stores,
At first glance, the new payroll-tax deferral plan appears to provide relief to employees struggling in the wake of the sweeping economic devastation caused by the global pandemic – but know that there are substantial risks to both employees and employers in participating. What the Payroll Tax Deferral Plan Does
Back Up Your Claim to Data Security Whether you’re a technology or cloud service provider, or a collections company or contact center, trust is a crucial asset. You handle critical confidential data, from financial transactions to employee and hospital records. So your customers need to know their data is safe
LIBOR is widely used in the U.S. to as a basis for variable-rate debt and interest rate swaps. However, because of recent LIBOR manipulation scandals and other factors, Andrew Bailey, Chief Executive for the Financial Conduct Authority of the United Kingdom has “made clear the need to transition away from
The number of cyber-attacks continues to skyrocket – government agencies, private businesses, and not-for-profits are all in the crosshairs of cybercriminals and nation-state threat actors. The risk to government agencies is incredibly high since the nature and sensitivity of the data they manage go far beyond most data held by
Do Your Controls Measure Up? You need a SOC report, but you’re wondering if you’ll pass. Put your mind at ease with a SOC readiness assessment – we can help identify gaps in controls and provide advice on how to close them. We’ll review your existing documentation, determine the testing
Manufacturing companies in Dayton and across Ohio are working through a period of significant change. Not only have automation and 3D printing opened the door to new and exciting possibilities, but they have also created the need for more highly skilled workers, optimized supply chains, and even greater research and