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Welcome to the AICPA's Information Technology Center
The IT Center provides a venue for CPAs, their clients, employers, and customers to research, monitor, assess, educate, and communicate the impact of technology developments on business solutions.
The AICPA Information Technology (IT) Center serves CPAs who hold the Certified Information Technology Professional (CITP) Credential, members of the AICPA Information Technology Section, and CPAs who want to maximize information technology to increase efficiency and boost profits.
We welcome your feedback on ways we can make the IT Center more useful and valuable for you.
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NEWS AND OTHER COMMUNICATIONS
January 28, 2010 – Data Privacy Day Data Privacy Day is celebrated on January 28th in the United States, Canada, and 27 European countries in an effort to raise awareness and generate discussion about data privacy and protection. The AICPA IT Community celebrates Data Privacy Day 2010 by offering a Web seminar, Closing the Privacy GAPP: Best Practices to Protect Your Data. Learn More>>
Effective Management of your Records and Data (Podcast)
Featured speaker, Nancy A. Cohen, CPA.CITP, CIPP discusses the considerations for safeguarding personally identifiable information. As systems and processes become more complex and sophisticated, ever more personal information are being collected. Because more data is being collected and held, personal information may be at risk to a variety of vulnerabilities, including loss, misuse, unauthorized access, and unauthorized disclosure. Reference will be made to supplemental resources available to listeners through the InfoTech website that includes an upcoming webinar that provides comprehensive guidance towards the prevention of compromise of your or your clients records or data that contain personally identifiable information. Download here
Ensuring Data Quality and Auditability in Business Reporting (Video)
From the 2009 TECH+ Conference, Rob Fisher CPA .CITP, Assistant Vice President of Accounting Operations and Finance Systems, Kansas City Life Insurance Company, provides insight on the potential risk an organization faces when there is an existence of a lack of proper internal controls for both data quality and data auditability. An organization is at risk for its data being corrupted, changed, lost, or otherwise invalidated when it is moved from one system to another to feed business reporting systems. Rob outlines the key controls required to maintain data quality (completeness, accuracy and integrity) when integrating data from multiple systems for internal or external business reports. This session also introduces the concept of data auditability, or the ability to trace information shown on a report back to its source transactional systems, a key requirement in today’s compliance landscape. Download video and presentation slides here.
Generally Accepted Privacy Principles Seek to Curtail Identity Theft
The American Institute of Certified Public Accountants and the Canadian Institute of Chartered Accountants have expanded Generally Accepted Privacy Principles to include protocols for securing personal information. The privacy framework offers guidance and best practices on securing portable devices, breach management and ensuring continued effectiveness of privacy controls. Learn More>>
Red Flags Rule Delayed until June 2010
At the request of Members of Congress, the Federal Trade Commission is delaying enforcement of the “Red Flags” Rule until June 1, 2010, for financial institutions and creditors subject to enforcement by the FTC. The Rule was due to become effective on November 1, 2009 and once again it has been delayed. In anticipation of the enforcement, the AICPA developed a practice guide for members, which provides guidance on developing an Identity Theft Prevention Program (ITPP) as required by the FTC’s Red Flags Rule.
Firms can use the template as a starting point to set up their ITPP, but it must be tailored to reflect the firm's business situation. In addition to internal use, this template can be used by CPA firms to provide guidance to their clients in setting up an ITPP. Learn More>>
InfoTech Update by e-mail Receive a FREE monthly e-newsletter containing updates on trends, news, legislation, events and more on information technology for the accounting profession. Sign up today >>
Subscribe to the InfoTech Update RSS feed
AICPA/CICA Privacy Risk Assessment Tool The Privacy Risk Assessment Tool is designed to assist CPAs/CAs, management, owners and other privacy professionals in assessing privacy risks within their or their clients organization. It provides the organization with principles and criteria that is contained in many privacy laws and regulations worldwide including good privacy practices to benchmark against. Learn More>>
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