Home | Business News | Browse by Publication | C | California CPA

What''s your safeguard? FTC Safeguards Rule applies to most CPAs. (Government Relations).

Publication: California CPA
Publication Date: 01-JUL-03
Format: Online
Delivery: Immediate Online Access
Full Article Title: What''s your safeguard? FTC Safeguards Rule applies to most CPAs. (Government Relations).(Federal Trade Commission)

Article Excerpt
The Federal Trade Commission's Safeguards Rule, which implements the security provisions of the Gramm-Leach-Bliley Act, went into effect in May. The rule requires most CPA firms and others who perform significant financial services, including tax preparation or financial planning, to have a policy in place to safeguard client information. At a minimum firms are required to:

* Designate an employee or employees to coordinate the information security program;

* Identify reasonably foreseeable internal and external risks to the security, confidentiality and integrity of customer information and assess the sufficiency of any safeguards in place to control the risks;

* Design and implement safeguards to address the risks and monitor the effectiveness of those safeguards;

* Select and retain service providers who are capable of maintaining...

Access Full Article, Compliments of Goliath

Read the FULL article now - Try Goliath Business News - FREE!   
You can view this article PLUS...

  • Over 5 million business articles
  • Hundreds of the most trusted magazines, newswires, and journals (see list)
  • Premium business information that is timely and relevant
  • Unlimited Access

Now for a Limited Time, try Goliath Business News - Free for 3 Days!
Tell Me More   Terms and Conditions

Get Goliath Business News for 1 year - Just $99 (Save 65%)
Tell Me More   Terms and Conditions

Already a subscriber? Log in to view full article



More articles from California CPA
Practical tips: IRAs, 401(k)s, choosing the right title and more. (Cal..., July 01, 2003
PricewaterhouseCoopers. (News & Trends).(Sarbanes-Oxley Act affects sh..., July 01, 2003
Robert Half International. (News & Trends)., July 01, 2003
Mergerstat. (News & Trends).(Brief Article), July 01, 2003
Financial Executives International. (News & Trends).(It will cost publ..., July 01, 2003

Looking for additional articles?
Search our database of over 3 million articles.

Looking for more in-depth information on this industry?
Search our complete database of Industry & Market reports by text, subject, publication name or publication date.

About Goliath
Whether you're looking for sales prospects, competitive information, company analysis or best practices in managing your organization, Goliath can help you meet your business needs.

Our extensive business information databases empower business professionals with both the breadth and depth of credible, authoritative information they need to support their business goals. Whether it be strategic planning, sales prospecting, company research or defining management best practices - Goliath is your leading source for accurate information.