• A Vision Problem at Top Audit Firms
Do the CEOs of the top audit firms really want to use technologies such as XBRL to revolutionize financial reporting, or do they simply want to insulate their firms from liability?
• XBR-What?
Even as SEC chairman Cox champions "interactive data," few CFOs seem impressed. Is that because too few of the benefits accrue to them?
• Ready or Not, XBRL is Coming
The SEC and FASB are gearing up for XBRL, suggesting it's only a matter of time before its use becomes mandatory.
• Will the AICPA Take Over XBRL Standards?
Companies could be filing XBRL-ready financial statements as soon as 2008. But some observers worry that the definitions corporations will have to follow will be written almost entirely by accountants.
IT Controls
• Survey: IT Falls Behind on Compliance
But, fifty-eight percent of the survey respondents said their IT spending will increase.
• Solving the Audit Gap
When it comes to keeping IT-related control deficiencies to a minimum, it's more important to improve communication than it is to improve your technology.
• SAS 70 Weak on Data Security: Experts
"If you’re depending on SAS 70 for assurances around information security, you’re depending on the wrong thing," says one vendor.
Security
• How to Put Your Spreadsheet in Lockdown
Will security problems render the format obsolete?
• Is Your Blackberry a Hacker's Back Door?
Blackberries, derided as "crackberries" for their addictive qualities, may also be a crack in your company's IT armor. A program to be released this week highlights the potential risks.
• Help! I'm Your Laptop and I've Been Stolen
How to recover your stolen laptop, or at least destroy its secrets, using the latest crime-stopping gizmos.
• Are Your Business Partners an IT Threat?
A third of organizations responding to a recent survey said business partners had caused a security incident in the past year.





Reader CommentsDisplaying 1 of 1
Sanjai Hayaran
Jan 8, 2007 2:08 AM ET
Must read for finance professionals
Another great contribution from CFO staff. This article is a must read for finance professionals. A good handle on how … more
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