Remove Audit Remove Process Remove Technology
article thumbnail

What is the Most Frustrating Experience in SOC 2 Audit and Attestation?

VISTA InfoSec

The SOC 2 (Service Organization Control 2) audit and attestation process is something that has been devised by the American Institute of Certified Public Accountants (AICPA) in order to ensure that organizations which provide services have secure procedures to govern data so as not to compromise the welfare of their clients.

Audit 147
article thumbnail

What is the Most Frustrating Experience in SOC 2 Audit and Attestation?

VISTA InfoSec

The SOC 2 (Service Organization Control 2) audit and attestation process is something that has been devised by the American Institute of Certified Public Accountants (AICPA) in order to ensure that organizations which provide services have secure procedures to govern data so as not to compromise the welfare of their clients.

Audit 130
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

What is a Payment Processing System and How Does It Work?

Stax

To address evolving customer demands and accept electronic payments, you need a payment processing system. This article dives into what a payment processing system is, how it works, and its benefits. TL;DR A payment processing system is the underlying infrastructure for digital and electronic payments.

Process 88
article thumbnail

Credit Card Processing for Small Business: Everything You Need to Know

Stax

In this article, you will discover all you should know about credit card payment processing for small businesses. We have also put together a list of the top three best credit card processing platforms for small businesses.

article thumbnail

FloQast Achieves ISO 42001 Certification, Setting the Standard for Ethical AI in Accounting

FloQast

This milestone showcases our commitment to transparency, accountability, and trust in every AI solution we deliver, and positions us as a leader in responsible AI governance within the accounting technology sector. The process involved meticulous evaluation and alignment of our systems and policies against ISO 42001s rigorous standards.

ISOs 105
article thumbnail

Beyond Responsible AI: 8 Steps to Auditable Artificial Intelligence

FICO

In today’s litigious environment , AI-powered business decisions must be more than explainable, ethical and responsible; we need Auditable AI. Why Auditability Matters. Auditable AI makes Responsible AI real by creating an audit trail of a company’s documented development governance standard during the production of the model.

Audit 116
article thumbnail

Decoding the FCA’s Safeguarding reforms: Practical steps for payments and E-money firms

The Payments Association

Central to these changes are new statutory trust requirements, more prescriptive record-keeping, reconciliation standards, and the mandate for external safeguarding audits. Safeguarding audits: Firms are required to arrange safeguarding audits to assess compliance with the rules.