Consumers are doing more and more of their shopping on Amazon because it is convenient, cost-effective, quick and simple to use. In a similar respect (and for the same reasons), there are an increasing number of companies moving their IT environments to Amazon Web Services (AWS). One of the many benefits […]
One of the most interesting documents that comes across my desk each year is the Global Study on Occupational Fraud and Abuse published by the Association of Certified Fraud Examiners (ACFE). The 2018 study (which can be downloaded at the bottom of this post) contains an analysis of 2,690 cases of […]
The purpose of this whitepaper is to describe prevalent IT security vulnerabilities and the corresponding controls that companies deploy to respond to them. KFI-Top 10 IT Security Vulnerabilities-White-Paper
SSAE No. 18 is effective for SOC reports, Agreed Upon Procedures and examination reports dated on or after May 1, 2017. Kfi has prepared a whitepaper summarizing the changes that you can expect relative to SOC reporting. KFI-SSAENo18-White-Paper
As the frequency of cyber incidents increases, many of our clients have expressed an interest in cybersecurity best-practices and cost effective ideas to protect their business assets. One of k fi’s senior auditors, Jaci Finney, has put together a helpful whitepaper on this subject entitled Cybersecurity 101. The whitepaper defines the […]
One of the best ways to reduce the risk of fraud is to improve internal controls over cash disbursements. We have helped dozens of companies strengthen controls in this area. Based on this experience, we have assembled a list of the most common and effective cash disbursement controls. You can access […]
Every year in America, we experience billions of dollars of corporate fraud losses. Most experts agree that fraud losses are higher in tough economic times – so as we continue to dig our way out of the recession, now is a good time to take some practical steps to protect your […]
Internal control improvements are often perceived as adding cost to an organization. In fact, the argument against some control improvements is that the cost to implement them outweighs the benefits they create. There are some control improvements, however, that have a high likelihood of generating true economic returns.
On June 20, 2011 K Financial released an updated version of its enterprise risk management (ERM) software.
The top 10 qualification failures from recent IRS exams are listed below, along with tips on how to avoid them: 1) Failure to properly amend the plan This is the most common issue that the IRS finds in its examinations of 401(k) plans. Laws related to retirement plans change frequently and […]