General Data Protection Regulation WEBCAST

Tuesday, August 4 7:00am - 9:00am

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2 Credits

Member Price $79.00

Non-Member Price $109.00

Overview

Data governance and privacy are concerns of everyone in the wake of the massive data breaches and hacks which have affected many companies. Many global companies are required to comply with the European Union’s General Data Protection Regulation (GDPR), which is law as of May 25, 2018, and forces anyone who does business in the EU to subject themselves to a number of data governance requirements. There are new rights for individuals and new penalties for businesses. Business must also update their processes to incorporate key data governance principles such as those in the US-EU Privacy Shield- or else be subject to draconian fines. Even domestic US companies who do business only in the US with people holding a valid EU passport must afford those individuals the same privacy rights they would receive in the EU - thus making these rules de facto requirements for most US companies today. This session will present a high level overview of GDPR, and its key provisions, including the naming of individuals to privacy-related roles, the major responsibilities of those with data under the statute, and its impact on an organization’s ability to lawfully gather, store, or process information on EU citizens. It will also include a high level discussion of data governance and internal controls which may be used to comply with some of the requirements. We will also include some discussion of selected other privacy requirements and major privacy frameworks like Generally Accepted Privacy Principles.

Highlights

General Data Protection Regulation, Ways to comply with GDPR requirements from outside the European Union, Data governance basics, Generally Accepted Privacy Principles (GAPP) and SOC Trust Services Criteria for Privacy (2016)

Prerequisites

None

Objectives

Name at least two of the rights afforded EU citizens with respect to their data under GDPR, List the three ways in which a company can be authorized to process the data of EU citizens outside of the EU under GDPR and explain what each represents, Define data governance, and list and explain some major goals of a data governance initiative

Preparation

None

Notice

None

Leader(s):

Leaders

Brian Tankersley

Brian Tankersley is a consultant who advises US firms and companies on accounting technology issues. Mr. Tankersley is a frequent speaker at continuing education courses for K2 Enterprises, and publishes a nationally recognized blog on accounting and technology (www.cpatechblog.com). He has also served as the technology editor for a major accounting industry publication. Mr. Tankersley has over 20 years of professional experience, including accounting, auditing, technology, and education, and has been with K2 Enterprises since 2005.

Tankersley has been recognized annually as one of the “Top 25 Thought Leaders in Public Accounting Technology” for 2011-2014 by Cygnus Business Media. Tankersley is also one of the principal authors of the 2015 Accounting Firm Operations and Technology Survey, which included over 500 US accounting firms. Brian has made presentations in 46 of the 50 US states and has served as a guest speaker for many professional accounting organizations across Canada. He received the Outstanding Discussion Leader Award from the Tennessee Society of CPAs in 2009 and 2013, and was recognized for writing the Article of the Year for the Tennessee CPA Journal in 2011. Brian has presented sessions at many national conferences, including AICPA TECH+/Practitioners Conference, The Sleeter Group’s Solutions Conference, Sage Insights, CCH Connections, and Thomson Reuters Synergy User Conference.

Brian is both a Certified Public Accountant and Certified Information Technology Professional, and has bachelor’s degrees in both Accounting and Finance, cum laude, from the University of Tennessee. He is a certified public accountant (Tennessee), a certified information technology professional (CITP), and a Chartered Global Management Accountant (CGMA). Tankersley also holds numerous vendor software certifications, and is a member of the Tennessee Society of CPAs and the American Institute of CPAs.

Brian and his family make their home in Farragut, Tennessee.

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Non-Member Price $109.00

Member Price $79.00