Bowman & Company LLP has recently been named to a list of the top key players of SOC (Service Organization Controls) reporting services market by Digital Journal in an article published on March 17th, 2022. Click here to read the full article, "SOC Reporting Services Market May See a Big Move with Attractive Growth Opportunities, Incredible Possibilities and Growth Analysis and Forecast to 2028".
Bowman & Company LLP is proud to announce that we have rejoined the BDO Alliance USA as a member firm.
As the saying goes, "knowledge is power." To derive valuable knowledge from your company's operating data requires the development of an effective business intelligence (BI) program.
Simply put, BI is a technology-driven process for analyzing data and presenting actionable information to help corporate executives, managers and others make more informed decisions. For example, if you're clear about which customers spend the most money and what they buy, you can develop marketing campaigns and promotions focused on selling to these high-value customers.
Not surprisingly, a well-designed BI program can provide your business with a significant competitive advantage. Consider the following advantages of a BI program:
In the previous blogs of this series, several aspects of SOC examinations were explored. This portion will include an in depth look at the contents of a SOC 2 report.
In the previous blogs in this series, several aspects of SOC examinations were explored. This portion will include an in depth look at the contents of a SOC for Cybersecurity report.
In the second blog of this series, ‘What is the ROI of a SOC Report?’,' the benefits of a SOC examination were discussed. Now that you know the value of SOC examinations, we we will cover the process and duration of getting a SOC engagement.
The first blog in this series ‘What is the ROI of a SOC report?’ asked the question: When your company suffers a cyber-attack, do you know what to do?
With every passing day, more headlines emerge about cyberattacks compromising a seemingly endless array of entities. This problem seems as though it is only getting worse as individuals, corporations, and governments find themselves increasingly vulnerable to sophisticated attacks on their data and resources. The paradigm is changing from ‘if’ an entity will suffer an attack, to ‘when’ will the attack happen?
Employee theft in the workplace is a serious problem for employers: 75 percent of employees have stolen from their employer at least once, and businesses lose 5 percent of their annual revenue to employee fraud, theft and abuse. Employee theft is a crime that is costing U.S. businesses $50 billion annually, but even more shocking is that employers think they are immune from such a crime.