Business Process Improvement

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Installing Patches Immediately Helps Protect Your Organization from Cyber Vulnerabilities

Installing Patches Immediately Helps Protect Your Organization from Cyber Vulnerabilities

Cyber criminals often exploit known or not yet known vulnerabilities of the Operating System and/or other critical systems, such as a web server or a database, in order to penetrate your network/systems. In the recent WannaCry attack, hackers exploited the Microsoft Windows Server Message Block protocol and encrypted data demanding ransomware. There was a patch […]

AAFCPAs Guidance in Response to Equifax Data Breach

AAFCPAs Guidance in Response to Equifax Data Breach

As you may be aware, Equifax, one of the United States’ three major consumer credit reporting agencies has been breached, and personal information of approximately 143 million Americans has been compromised. Information, including: names, social security numbers, birth dates, addresses and driver’s licenses, stored in Equifax’s databases have been stolen. Additionally, credit card numbers for […]

Podcast: The Sophisticated CFOs Guide to Choosing Key Performance Indicators That Matter & Dashboarding

Podcast: The Sophisticated CFOs Guide to Choosing Key Performance Indicators That Matter & Dashboarding

Listen to Podcast Click here to listen to podcast or use the above media player. A critical component of nonprofit effectiveness is the organization’s ability to identify and track meaningful “leading indicators” that serve as mile markers to tell you if you are headed in the right direction—a course charted by your strategic plan. AAFCPAs […]

Best Practices for Complying with HIPAA & Safeguarding Patient PHI Accessible to Your Business Associates

Best Practices for Complying with HIPAA & Safeguarding Patient PHI Accessible to Your Business Associates

Healthcare is predicted to be the most targeted industry for cyberattacks in 2017, according to the 2017 Data Breach Industry Forecast from Experian.   “Electronic health records remain likely to be a top target for hackers,” Experian found. To further heighten & complicate these risks, providers’ responsibilities for protecting personal health information (PHI) under the […]

Measures to Protect Against Malicious Ransomware

Measures to Protect Against Malicious Ransomware

In the wake of the recent, global WannaCrypt ransomware attack, which crippled thousands of computers in more than 200,000 organizations and 150 countries, AAFCPAs would like to remind clients of the critical importance of taking measures to protect against malicious cyber-attack. What is ransomware and WannaCrypt? Ransomware is a malicious software that locks a device, […]

Fraud in the News Emphasizes the Need for Segregation of Duties

Fraud in the News Emphasizes the Need for Segregation of Duties

Recent news headlines expose several financial accounting scandals, and AAFCPAs brings these to your attention in an effort to increase awareness and remind clients about the importance of implementing and verifying adequate segregation of duties.  In these stories, embezzlers use their position, their employer’s misplaced trust, and inadequate fraud risk management to defraud these organizations […]

AAFCPAs to Present Educational Workshops on Fraud Prevention, Revenue Recognition at National Business Officers Conference in L.A. Benefiting Independent Schools

AAFCPAs to Present Educational Workshops on Fraud Prevention, Revenue Recognition at National Business Officers Conference in L.A. Benefiting Independent Schools

AAFCPAs has been selected to present complimentary educational workshops on two important topics at the National Business Officers Association’s 2016 Annual Meeting in Los Angeles on February 21-24th.  This is a must-attend conference for business officers and other independent school leaders, providing exceptional professional development programming and networking opportunities for over 1,000 independent school professionals […]

ALERT: Non-profits are the latest target of Phishing Schemes

ALERT: Non-profits are the latest target of Phishing Schemes

AAFCPAs has been alerted by a number of nonprofit clients that they are receiving emails from scammers who are disguising themselves as an internal, senior member of the organization’s management team. These emails look legitimate and are from an email address very similar to the organization’s email, with a slight variation. In the email there […]

CFOs Embrace the Cloud for Scalability, Reliability, and Independence

CFOs Embrace the Cloud for Scalability, Reliability, and Independence

CFOs are more commonly migrating services to the Cloud in order to unlock benefits that can help them free up resources and achieve a new level of scalability. They and their management teams are capturing greater reliability, cost-effectiveness, and security through the right Cloud services. The Cloud used to fall mainly under the jurisdiction of […]