2015年7月23日 · Here are a few tips to help you be better prepared, so you no longer have to fear the auditor. 1. Know the Rules. Ignorance of the law is no excuse, as the venerable maxim says. You need at least one person on your team who knows, inside and out, the regulatory standards for your industry.

2024年10月16日 · Cover your ass, also commonly referred to as "C.Y.A." is a strategy used by workers or employees to diffuse responsibility to avoid possible future criticism or responsibility for a failed or...

A CYA policy is a fundamental aspect of risk management and organizational success. By implementing a comprehensive CYA policy, companies can protect themselves from potential legal issues, ensure compliance, and foster a culture of accountability.

A key aspect of CYA involves maintaining comprehensive documentation and record-keeping practices. This not only provides evidence of compliance but also serves as a crucial reference point for audits and investigations.

2022年5月2日 · People often refer to a due diligence investigation colloquially as a “CYA” investigation. CYA stands for “cover your ass.” Why is a due diligence investigation a CYA practice? Because it protects your practice, your reputation, and your own liability.

We've all heard about third parties and how they have been the root of some data breaches in recent times. We've seen plenty of industries adopt processes that better vet through third parties in an effort to identify the risk they may bring in and find ways to proactively address them. When you consider just how many third parties one single company can have, you can respect how much work is ...

2019年9月5日 · On top of CYA, I think it's just nice to have a reminder of what's going on and what we talked about. You never know when someone will need a refresher two years down the road. My Coworker Angry Guy: angrily demands an audit trail! Who could’ve committed this (minor fuckup that isn’t a big deal) egregious error!! Send ASAP!

Here are some of the issues confronting a DCAA auditor when they are assigned your incurred cost proposal: They are working in an envrioment that is demonstrably less productive then years past. Most of us believe this is not the auditor’s fault. We hear stories about them sitting for hours waiting for a decision from above on how to move forward.

CYA: Compliant Yearly Audit Trails / Fiduciary Standards & Best Practices What to do When You are Responsible for Someone Else’s Money Investing Today (After June 30th, 2020) While Complying with DOL Reg BI, SEC Fiduciary and Other Applicable and Pending Standards

2016年7月13日 · -- Object-level auditing. The value of each privilege column is a code for / where the '/' is . -- constant and the option value codes are '-' = no audit, 'A' audit by access, 'S' = audit by session. So a SEL value of '-/S' . -- not having SELECT privileges".