The Pentagon still can’t manage to produce its first audit in 20 years

After decades of failing to produce clear financial statements, the Pentagon is once again set to fail to meet its audit deadline two years from now. The Pentagon accounts for nearly half of all discretionary spending approved by Congress, has an inventory that makes up 33 percent of the federal government, a budget of over $500 billion, and owns $1.3 trillion in property. Not once has it managed to scrape together…

If anything shouldn’t be taken for granted, it’s Information Security Management

It was one of our usual off-the-record discussions when I spoke with network admin and asked about the regular password change set up on the system. And, the answer included words like “my opinion,” “my experience,”… but, not a single word about policy. “Which policy?” I was asked. Oh, something is, obviously, wrong. So, we started from the beginning. Information Security Management is one of the cornerstones of IT Service…

Gartner Positions MetricStream in the Leader’s Quadrant of the Magic Quadrant for Business Continuity Management Planning Software

MetricStream, the leading provider of Governance, Risk and Compliance (GRC) solutions today announced that it has been positioned by Gartner, Inc. in the “Leaders” Quadrant of the 2014 Magic Quadrant for Business Continuity Management Planning (BCMP) Software1. Vasant Balasubramanian, Vice President of Product Management at MetricStream said, “MetricStream is constantly pushing the boundaries of technology to develop a truly intelligent, integrated and innovative cloud-based solution for BCMP. We believe our…

KPMG offers clients enhanced audit reports

KPMG has issued an open invitation to its audit clients to allow it to describe its findings on their key risk areas in the audit report The move follows the widespread interest that has been shown on both sides of the Atlantic in field tests the firm carried out earlier this year with a number of audit clients, including Rolls-Royce. As part of its campaign to restore trust in audit…