Why Cybersecurity Matters to CPAs WEBINAR

Wednesday, October 20 10:30am - 12:30pm PDT

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Your Desk

2.0 Credits

Member Price $79.00

Non-Member Price $99.00

Overview

CPA’s are responsible for understanding (1) the presence of fraudulent activity, (2) that financial reports are complete and accurate, and (3) applying the going concern principle to a business. Appropriate cybersecurity controls, processes and oversight directly impact these three areas. Bad actors can exploit systems with weak security controls to perform fraud. The increasing prevalence of hacked systems reflect this. Digital fraud is becoming more prevalent and can be substantially more damaging than historical types of fraud. Not only can digital fraud result in financial loss, but it can subject companies to expensive lawsuits, damage reputations and can even put a company out of business. Also, having cybersecurity controls on systems and networks is critical to ensure information reported in financial statements is complete and accurate. It is important for CPA’s to understand the required cybersecurity controls to prevent or detect inaccurate data in financial reports.

Highlights

Recent cybersecurity attacks, their implications, and how weak cybersecurity controls enabled their success. Specific cybersecurity controls that help prevent fraud and support data integrity of financial reports. How an effective cybersecurity program is needed to reduce losses, prevent fraud, avoid reputational damage, and protect critical data assets.

Prerequisites

General understanding of data integrity as it relates to financial reports.

Designed For

Anyone who wants to understand how to prevent cybersecurity fraud, maintain data integrity of financial reports, and ensure data is protected and secure.

Objectives

Understand how weak cybersecurity controls enable fraud. Understand cybersecurity methodology for ensuring data integrity of financial reports. Understand how an effective cybersecurity program impacts the principle of going concern.

Preparation

None.

Notice

None.

Leader(s):

  • Petrina Youhan

Non-Member Price $99.00

Member Price $79.00