Data and information management

If money makes the world go round, the accountant is the axis, and managerial accounting is the gravity.

In addition to safeguarding their own data, accountants must also maintain security at their firms, and keep client data secure.

A recent report from AuditBoard says that cybersecurity and data privacy are among the key risks facing internal auditors today.

Audit committees are including more disclosures within proxy statements, but there's a disconnect between what investors expect and what companies are willing to disclose.

The Treasury Inspector General for Tax Administration said the Internal Revenue Service has been successful at preventing ransomware attacks on its systems.

Alation announced the release of its new Connected Spreadsheets solution, which allows for the direct import of data from multiple sources into a spreadsheet.

A recent report from the IESBA says that technology has created more opportunities for ethical dilemmas that highlight the importance of standards.

Plus, Bill completes its acquisition of Finmark; TaxFyle is named to Deloitte's Technology Fast 500; and other news in accounting technology.

Everyone seems to complain about spreadsheets and their limitations, but despite this, they remain ubiquitous in accounting. Why?

In this edition of the Frontier, K2's Brian Tankersley warns that a Silicon Valley-style data sharing model may come to accounting.