Risk / Management / Control

Prevention of High-Risk Fraud Situations

The Association of Certified Fraud Examiners has released its ninth annual global fraud study. The 2016 study continues to highlight the cost of fraud, waste, and abuse. The report indicates the median loss for financial statement fraud is $975,000, followed by corruption at $200,000, and asset misappropriation at $125,000. In addition, the higher ranked the […]

Webinar Recap – “Cybersecurity Frameworks and You: The Perfect Match”

This webinar entitled “Cybersecurity Frameworks and You: The Perfect Match,” was originally produced on Thursday, January 19, 2017. We hope that you enjoy the full recording of the presentation and additional resources offered below. This webinar was hosted by McKonly & Asbury Senior Manager, Sam BowerCraft and Principal, David Hammarberg. Information technology is a complex business, […]

McKonly & Asbury’s Security and Fraud Conference – December 8

There’s still time to register for McKonly & Asbury’s security and fraud conference entitled “You: The Beginning of Security” on December 8! This conference will focus on sharing information related to maintaining security of data, funds, and reporting within the company and will also address preventing, detecting, and reacting to fraud within your organization. We […]

Security Framework – The Path to Well-Being

Structure and rules: these are words that are simultaneously the potential for strength and the source of defiance.  At times we see structure and rules as a source of safety that protects us such as the rules of the road…isn’t it nice that (almost) everyone drives on the right side of the road and follows […]

Balance Risk Costs with Mission Benefits

Have you been involved in the discussion between management and the auditors regarding the point where management acceptance of risk is acceptable to the auditors? How do you define when risks are mitigated to the point that they provide reasonable assurance that risks to the mission are adequately controlled? To begin having this conversation, management […]

The Importance of SOC 2 and SOC 3 Readiness Assessment

Since the implementation of SSAE 16 and the creation of the SOC 2 and SOC 3, more and more organizations have gained a stronger understanding of the AICPA SOC framework. SOC 2 and SOC 3 examinations have continued to become more popular among information technology service organizations. The SOC 2 and SOC 3 framework was […]

The Three Lines of Defense

Over the past decade, organizations have been tightening their belts to adjust to the economic changes. This has resulted in a new normal with organizations running leaner and management wearing more hats. It is important to be aware of this new normal by discussing the impact of these changes and how organizations can maintain the […]

Principal, Elaine Nissley named among 2016 Tribute to Women of Excellence honorees

McKonly & Asbury is pleased to announce that Elaine Nissley, Principal with our firm, is being honored as a Women of Excellence for all that she does for the community at the upcoming YWCA of Greater Harrisburg’s 27th Annual Tribute to Women of Excellence awards! Since its inception, the Tribute to Women of Excellence awards ceremony has […]

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