SOC Tip #4

When comparing service auditors, ask how many SOC 2 reports they have completed and what principles they have tested.

Foreign Bank Account Reporting Deadline Approaches

The annual deadline for filing Form Financial Crimes Enforcement Network (FinCEN) 114, Report of Foreign Bank and Financial Accounts (commonly known as the “FBAR” form) is fast approaching.

FASB Issues Update on Customer’s Accounting for Fees Paid in a Cloud Computing Arrangement

Learn about the recent guidance from FASB on customer’s accounting for fees paid in a cloud computing arrangement.

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