Cybersecurity Today Is Treated Like Accounting Before Enron – The New York Times

We believe every board should have a cybersecurity expert and a specific board committee with oversight. And we recommend that companies report on their process and criteria for cybersecurity each year, with particular emphasis on their ability to respond to attacks promptly and effectively. Companies may wish to allocate reserves for potential breaches as well….

Center for Audit Quality: the First Decade

The Center for Audit Quality celebrated its 10th anniversary with a conference that included assessment of its progress since it was created in response to the Enron-era series of accounting failures and some thoughts about upcoming developments. Unabashedly committed to the notion that accounting is “a force for good,” director Cindy Fornelli emphasized the profession’s…