The American Institute of CPAs and the Canadian Institute of Chartered Accountants are gearing an expanded version of their 2003 Privacy Framework towards a broader business audience.
Earlier this month, the instiutes announced that the “Generally Accepted Privacy Principles: A Global Privacy Framework,” will be made available in two versions -- one for business and management, and another for CPAs in public practice that provide consulting and attestation services.
The new document addresses marketplace trends such as outsourcing and the growing international focus on privacy. A new section is also included, which provides step-by-step guidance on how businesses and other entities can use the framework.
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