Cyber risk is an ever evolving threat for 21st century business and as such, is a top of mind issue for today’s business leaders. A cyber security breach can have huge legal and financial ramifications for any business. High profile cyber-attacks are on the rise and governments are increasingly cracking down on cyber criminals.
RSM, through an integrated and coordinated approach with its member firms, developed detailed audit programmes for meat manufacturer in accordance with industry “leading practices” that are designed to assess internal control effectiveness in a harmonised fashion for the US domestic and international locations selected for internal audits.
Bob Dohrer, International Auditing and Assurance Standards Board (IAASB) Member and Chair of the IAASB Data Analytics Working Group, provides an update of the IAASB’s data analytics project, including the activities performed to date and the vision for the way forward.
2017 promises to be a rather momentous year, with international trade being re-shaped on both sides of the Atlantic and in the Pacific regions and with new business models stemming from innovative technology and enterprises. What does this mean for the future of accounting? In this issue we continue to provide some insight into the foreseeable developments of IFRS in Europe, in conversation with the CEO and Chairman of the Technical Experts Group of EFRAG, Andrew Watchman.
As the CEO of an international network, I am fortunate enough to be able to witness the global economic landscape evolving first-hand through my travels. Since the beginning of the year, I have visited nine different countries and learnt first-hand from RSM firms how their clients are reacting and responding to these economic changes.