K2's 2024 Safeguarding Taxpayer Data - A Guide For Your Required Security Plan

Overview

Regardless of size, most public accounting firms are mandated to have a written security plan in place. Failing to have such a plan in place can lead to substantial fines. Join us in this session to learn what your security plan should include and how to implement it.

Highlights

• Understand the need to protect client data
• Learn about the required security and privacy standards
• Leave with a sample plan to consider your tax practice

Prerequisites

Fundamental knowledge of tax return preparation processes and cybersecurity issues and risks

Designed For

Public practitioners who desire to learn more about specific security requirements imposed on firms and how to comply with them

Objectives

• List examples of basic security steps and how to take them
• Identify the signs of data theft and how to report data theft
• List examples of how to respond and recover from a data loss
• Identify examples of specific compliance issues found in the FTC Safeguards Rule

Preparation

None