TBRG 2003

Monte Carlo Simulation 
This technology can give clients the probability of reaching their financial goals and can have a success rate of 95 percent. But there's that 5 percent failure rate that forces you to ask, "Are the client's boots in the water?"
Jerry Nightingale, MBA, CPA/PFS and Jim Shambo, CPA/PFS

IT Risk Assessments
What's the latest trend? The leading CPA firms of the 21st century will be evaluating their clients' information technology systems for risks, along with evaluating their financial statements.
Larry Russell, CPA, CITP

Reporting Security Breaches
New rules coming into effect will aid privacy efforts, but they will also challenge businesses to take the necessary steps to make sure their information is as secure as possible.
Jerald M. Savin, CPA

XBRL: The Universal Language 
Developed by the accounting profession, internet language XBRL is quickly increasing in popularity and provides a common platform that makes business, financial reporting faster and more efficient.
Mike Willis, CPA

Less Paper? More Security 
When it comes down to it, we'll never have a "paperless" office. But as more and more offices more toward electronic storage of documents, it doesn't necessarily mean that their information is more secure.
Susan Bradley, CPA, CITP, MCP, GSEC

Information Security: Debunking the Myths 
Haven't been hacked? Think you firm is too small for a hacker? Has that firewall protected you so far? If you want to be less vulnerable to attacks, you need to stop believing in these and other myths and start taking action.
David M. Cieslak, CPA, CITP, GSEC

A Giant HIPAA 
The massive Health Insurance Portability and Accountability Act is aimes at the health care industry, but its requirements touch any company that handles confidential client information.
Susan Bradley, CPA, CITP, MCP, GSEC

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