Information technology and software continue to expand rapidly, with much of that growth driven by service organizations—companies that provide specialized services to businesses once performed internally. For CPAs, this shift has increased reliance on outsourced service providers for data analytics, cloud hosting, and information security. It has also heightened responsibility for […]
A service organization may wish to provide prospective customers (user entities) with information regarding the effectiveness of controls over its system. However, the prospective customers may not have signed a nondisclosure agreement required by the service organization to access the system description in the SOC 2 report. In other situations, prospective […]
First Responder Breakfast The KFi Foundation tried out a new type of community service event this morning. We posted up in the ambulance bay at the UC Health hospital in Denver and served breakfast burritos, coffee, fruit, juice and other goodies to firemen, EMTs, paramedics and hospital staff. It was a […]
One of my favorite things about being a human being is that we are all a work in process. It is something that every person on the planet has in common – we are all learning, developing, adapting and changing from the day we are born until the day we die. […]
Providing assurance and confidence is the foundation of any insurance organization. Whether it’s knowing you’ll be able to afford an extended stay at a hospital or knowing that the flood damage in your company’s office building won’t break the bank, insurance organizations exist to bring individuals and businesses peace of mind. […]
The Kfi team headed to the wilderness yesterday for our 2nd annual camping trip. A big thank you to Taylor for organizing the outing again this year. A small group of us did a mountain bike ride and we all enjoyed games, barley pops and Roxy’s hit list around the camp […]
The Kfi Team and Kfi Foundation hosted an amazing event today. We brought an art instructor to a local assisted living center and set up a painting workshop for 20 of the residents. Dean became the painting apprentice for a very spunky 103 year old woman. And one of the ladies […]
My wife was “evaluating” our Kfi team pull-up breaks recently and told me “middle school kids get 1 short recess per day and high school kids get no recess. Why does the Kfi team need so many recesses each day?” I think recess is really important for everyone (kids and adults). […]
As service organizations transition to and begin using the 2017 Trust Services Criteria for SOC 2 reporting, some smaller companies are struggling with one of the new criteria related to the board of directors (CC1.2). Specifically, how can they address this criteria if they do not have a board of directors […]
The Kfi Foundation and Kfi team hosted our annual Halloween Party with Roundup Fellowship today. Roundup Fellowship is dedicated to providing a genuine community alternative to people with conditions such as mental retardation, cerebral palsy, epilepsy, and autism, or those who display physical aggression or self-abusiveness. After many years of working with […]