#Audit Insurance

[rebrandedbard]

This work day has been TORTURE because I host karaoke at work on Fridays and the seniors chose THIS week to request absolute BANGERS when I'm only two medicated days into recovering from bronchitis.

[obstinaterixatrix]

thinking about double section got me in the mood to reread double section. “do you know how much resolve he had to have in order to become an auditor” sooooooo true

[morningstartranslation]

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Heaven and earth coexist with me; all things and I are one. 天地与我并生，万物与我为一For more information, visit https://www.morningstartranslation.com/learn-chinese-philosophy-with-us/

[bioticgoddess]

One thing I want to add to this is that to "get around" paying for coverage, HDHP plans are becoming more prevalent. They won't cover a lot of Medical costs until you hit your deductible regardless if you have a copay. And even a small (under 5K) deductible can be difficult for a family or individual to afford/meet. What they want you to do is get a HSA (those are fine but have rules) or an FSA (these have some *extra* shenanigans) to pay for your healthcare until you hit that deductible. So, y'know, yes you have coverage and can't be denied/kicked off your plan for existing but it's can be a bitch and a half to get health insurance to actually pay for shit.

That said: the ACA was the right move. We need it. We need it expanded. We need the same kind of health coverage as places like Norway and Sweden.

One thing the analysts back in 2012 were right about is that they’d stop calling it “Obamacare” the second it started working and lo and behold anytime it was actually threatened under Trump it became The ACA and now Leftists who were in Kindergarten when the ACA was passed think Democrats have added nothing to this country.

[ssgvseo]

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[nationallawreview]

Preparing For the Return of Dealer Distress

Over the last five years, auto and equipment dealers experienced a period of low inventory levels with high margins on the limited inventory they had for sale and lease. Used automotive and equipment wholesale and retail prices surged. At the same time, merger and acquisition activity drove dealer valuations to record highs especially in the automotive segment. Dealer merger and acquisition…

[jcmarchi]

Iccha Sethi, Vice President of Engineering at Vanta – Interview Series

New Post has been published on https://thedigitalinsider.com/iccha-sethi-vice-president-of-engineering-at-vanta-interview-series/

Iccha Sethi, Vice President of Engineering at Vanta – Interview Series

Iccha Sethi is Vice President of Engineering at Vanta, the leading Trust Management Platform, where she leads initiatives focused on enhancing security and compliance automation. Previously, she was an engineering leader at GitHub where she oversaw a multi-product portfolio including Actions, Hosted Runners, Codespaces, Packages, Pages, and npm. Iccha has also held principal engineering roles across a range of companies, large and small, including InVision, Atlassian and Rackspace.

What attracted you to the role of VP of Engineering Management at Vanta?

The company’s unwavering commitment to its mission. Our CEO Christina Cacioppo founded Vanta with the goal of securing the internet and protecting consumer data, and from Day One, she has stayed true to this vision.

The platform she has built is indispensable for over 8,000 emerging businesses and large enterprises, ensuring data security and promoting trust. 

Having personally experienced the challenges of navigating regulations like GDPR as Principal engineer at Atlassian and obtaining a SOC 2 attestation as engineering leader at GitHub, I understand firsthand how painful and complex these processes can be. Vanta is addressing a real problem, making compliance more manageable and cost-effective for businesses.

How has your experience at GitHub influenced your approach to engineering at Vanta?

My experience at GitHub has greatly shaped my approach to engineering at Vanta. At GitHub, I managed a diverse portfolio of products like Actions, Codespaces, Packages, Pages, and npm, each at different stages of maturity. For example, Codespaces was in its early market fit phase, while Actions was experiencing rapid user growth. This taught me how to tailor my strategies to suit the unique needs of products at various stages of their journey.

As Vanta continues to grow, I’m applying this experience to balance execution, innovation, and reliability, ensuring that we support our expanding business effectively. Just as at GitHub, where we focused on creating a product developers loved, at Vanta, we’re committed to building a delightful, automated experience in the security and compliance domain. This focus on user experience is especially crucial in an industry ripe for automation, where reducing manual effort and friction is key.

How do the engineering strategies differ between larger organizations like GitHub and a fast-growing startup like Vanta?

At a large company like GitHub, the engineering strategy is heavily focused on scaling, reliability, and performance due to the vast number of customers and engineers involved. This requires mature incident response processes and a strong emphasis on operational health. With more people, there’s also a significant focus on building a robust platform to ensure engineers can be productive. While building and shipping features remain important, the process is more cautious due to the wider impact of any changes.

At a fast-growing startup like Vanta, the strategy centers on balancing innovation, speed to market, and building a reliable, user-friendly product for both small and large customers. We aim to attract and retain enterprise customers, so while the importance of a good platform for rapid development is still there, we can afford to be more selective in our investments. The key is being mindful of areas where rapid iteration and fast failures are acceptable versus those where we need to establish a solid, long-term foundation.

How does Vanta utilize AI to automate critical security functions?

Security is a critical aspect of any business, whether you’re selling a product and need to address customer concerns about your security posture, or assessing vendor risks when making purchases. These processes often involve sifting through extensive documentation, like SOC 2 reports, to make informed risk determinations. 

Vanta leverages AI, particularly Large Language Models (LLMs), which are ideally suited for processing vast amounts of information and identifying the most relevant data. 

We’ve seamlessly integrated AI into our Vendor Risk Management, Trust Center, and Questionnaire Automation products, allowing our customers to save weeks of time by streamlining critical security functions. With AI at the helm, key security workflows are now faster and more efficient.

For instance, Vendor Security Reviews have become significantly quicker, with Vanta enabling security teams to analyze and extract relevant information from SOC 2 reports, DPAs, and other vendor documentation in just seconds.

Our Security Questionnaire Automation feature allows teams to instantly pull insights from a variety of sources, whether it’s their existing library, previous questionnaire responses, or newly uploaded policies and documents—all in just a few clicks.

We also use AI to suggest the most effective tests and policies for each compliance framework, transforming what was once a manual process into a streamlined, automated task.

Can you explain the role of AI-powered Questionnaire Automation in improving security review processes?

Traditionally, when selling a product, your customers send security questionnaires that can take anywhere from hours to weeks to complete.

At Vanta, we simplify this process by allowing you to upload sample questionnaires or your knowledge base. Our AI then uses LLMs to generate responses for the questionnaire, providing you with the source of information and the context behind each answer. You have the flexibility to modify, regenerate, or edit the entire response as needed.

This saves security teams significant time and allows them to focus on more productive, strategic work.

What are the benefits of doing continuous controls monitoring compared to traditional methods?

A major Vanta benefit is the ability to detect and address compliance issues before they escalate into violations, rather than rushing to fix them during an audit or at the last minute. Vanta automates this process by continuously monitoring your controls, which allows organizations to stay ahead of potential problems and maintain ongoing compliance.

With Vanta’s continuous monitoring of controls and tests, customers can stay compliant without needing to spend hours each week on manual checks. This gives Governance Risk and Compliance (GRC) and security teams the peace of mind that they’ll be alerted when any part of their program falls out of compliance, freeing up their time to focus on other more strategic aspects of their security program.

For customers evaluating a vendor, knowing that a security program is backed by Vanta’s continuous controls monitoring provides assurance that compliance isn’t a one-time checkbox at the initial audit, but is being maintained every day, hour, and minute thereafter. This marks a significant shift from traditional, point-in-time compliance to an always-on approach, offering a higher level of trust and security that works as a strategic business lever

How has Vanta’s recent $150 million Series C funding influenced its AI development and product offerings?

The recent round will enable us to double down on expanding our upmarket momentum, international markets, and advancing our AI capabilities. 

It also allows us to expand our AI team to continue meeting our customers evolving security needs with cutting-edge AI and automation.

How does Vanta integrate with other tools and platforms to provide seamless compliance and security solutions?

Vanta integrates with a wide range of tools and platforms to deliver seamless compliance and security solutions tailored to companies at different stages. 

For startups, Vanta offers a comprehensive “compliance in a box” solution, integrating with essential tools while also providing services like access review, background checks, device management, and even cyber insurance.

For larger enterprises, Vanta supports a broader and deeper set of integrations, including cloud management, vulnerability management providers, Human Resources Information System (HRIS) solutions, and procurement tools on the Vendor Risk Management (VRM) side. 

What customization options does Vanta offer to tailor security and compliance programs to specific organizational needs?

Organizations can create and monitor custom security controls that align with specific policies, ensuring their practices meet exact requirements. For those with industry-specific or internal standards, Vanta allows teams to adjust compliance frameworks accordingly. Risk assessments can also be tailored to an organization’s unique risk profile, helping teams prioritize what matters most.

Additionally, Vanta enables the design of both automated and manual workflows that seamlessly integrate with existing processes. The platform’s flexibility extends to tool integration as well, allowing for custom integrations that connect with an organization’s tech stack via API access. Custom alerts and notifications can be set up to support incident response plans, while user roles and permissions can be finely tuned to control access across teams. Finally, Vanta offers the ability to generate custom reports, ensuring that internal needs are met and stakeholders remain well-informed.

How is Vanta shaping the future of trust management in an AI-driven world?

By leveraging AI to automate compliance processes, Vanta ensures that companies can effortlessly adhere to industry standards like SOC 2 and ISO 27001. The platform also supports AI compliance with example frameworks, making it easier for organizations to meet these evolving requirements.

In terms of risk management, Vanta’s AI capabilities enable organizations to shift from a reactive to a proactive posture by identifying potential security risks before they become issues. This not only strengthens security, but also enhances overall organizational resilience.

Vanta further simplifies the often tedious process of completing security questionnaires. The platform’s AI learns from previous responses and automatically generates new, accurate answers, allowing teams to move faster and with greater precision. 

Additionally, Vanta’s AI enhances searchability, making it simple to find all the necessary information for security reviews by scanning through documentation with familiar search functionality.

Thank you for the great interview, readers who wish to learn more should visit Vanta.

[max-fewtrell]

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[zecay-hdfc]

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[x7r]

I need to learn more about this world and not just have insurance information festering in my head. How am I supposed to be creative under these conditions?

[morningstartranslation]

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[constructionsafetynetwork]

Workers' Compensation and Construction Safety: A Guiding Framework for a Safer Workplace

Workers’ Compensation and Construction Safety serve as twin pillars supporting the construction industry’s well-being. While workers’ compensation provides crucial financial support and medical care to employees who suffer job-related injuries or illnesses, its significance extends beyond mere compensation. It underpins the moral and legal imperative to maintain safe working environments,…

[innova-bluffton-sc]

Navigating Success: The Crucial Role of Tax and Accounting Services for Small Businesses

Small businesses are the backbone of the economy, representing innovation, entrepreneurship, and job creation. However, the path to success for small business owners is filled with challenges, and one critical aspect often overlooked is tax and accounting management. In this blog, we'll explore the significance of tax and accounting services for small businesses and why they play a pivotal role in ensuring growth and financial stability.

1. Compliance with Tax Regulations

Small business owners often find themselves grappling with complex tax regulations, and the consequences of non-compliance can be severe. Tax and accounting services help businesses adhere to federal, state, and local tax laws, ensuring they file accurate returns, make timely payments, and avoid costly penalties and audits.

2. Maximizing Deductions and Credits

Tax professionals have a deep understanding of the tax code and can identify deductions and credits that can significantly reduce a small business's tax liability. By leveraging these benefits, business owners can keep more of their hard-earned money and reinvest it in their operations.

3. Financial Management and Budgeting

Effective financial management is critical for small businesses to stay afloat and thrive. Tax and accounting services can help create and maintain budgets, track expenses, and provide valuable insights into financial performance. With this information, small business owners can make informed decisions about resource allocation and strategic planning.

4. Time Savings

Small business owners wear many hats, and time is a precious commodity. Handling complex accounting and tax matters can be time-consuming and distract from the core operations of the business. Outsourcing these tasks to professionals allows business owners to focus on what they do best – growing their business.

5. Avoiding Costly Errors

Even small mistakes in accounting or tax filings can lead to significant financial consequences. Tax professionals are trained to minimize the risk of errors, ensuring that financial statements and tax returns are accurate and reliable. This not only safeguards the business but also prevents costly, time-consuming corrections.

6. Long-Term Financial Planning

Tax and accounting services can provide small businesses with a comprehensive view of their financial health. This perspective is vital for long-term planning and sustainability. Professionals can help businesses set achievable financial goals, establish retirement plans, and navigate transitions like expansion, mergers, or succession planning.

7. Access to Expert Advice

Tax and accounting professionals bring their expertise to the table. They can provide valuable insights into financial strategies, risk management, and investment decisions. Small business owners can benefit from this wealth of knowledge to make well-informed choices that align with their business goals.

8. Audit Preparedness

Should your small business face an audit, having experienced tax professionals on your side can be invaluable. They can guide you through the audit process, gather necessary documentation, and ensure you're fully prepared, reducing the stress and potential financial impact of an audit.

Conclusion

Tax and accounting services are not just a cost; they're an investment in the success and longevity of a small business. Small business owners should recognize that while they may be experts in their field, they may not have the expertise needed to navigate the complexities of taxation and financial management. By enlisting the services of tax and accounting professionals, they can ensure compliance with regulations, make informed financial decisions, and create a strong foundation for their business's growth and stability. In the competitive world of small business, it's the wise choice for those who aim to thrive.

[medicd]

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[finanse]

What Are Financial Statements?

Financial statements are written records that convey the business activities and the financial performance of a company. Financial Statement Preparation  in Washington are often audited by government agencies, accountants, firms, etc. to ensure accuracy and for tax, financing, or investing purposes. For-profit primary financial statements include the balance sheet, income statement, statement of cash flow, M&A consulting in Virginia and statement of changes in equity. Nonprofit entities use a similar but different set of financial statements.

[awkward-teabag]

And people (read: politicians) wonder why no one wants to go into family practice rather than specializing.

I'm glad the article mentions how BC just changed our system (granted it's opt-in) as before family doctors were making about $30/visit. It was at a point where people were either specializing, leaving the province, or opting to not move here in the first place because the pay wasn't enough with the high cost of living, particularly housing.

Of course it would also help if family doctors weren't also expected to pay out of pocket for equipment, leases, staff, etc... Because if you specialize, you make more money and get to keep everything after taxes for yourself.

So I'm not surprised Ontario pays so little, especially under Ford.

As the number of people across Ontario without a family doctor reaches a record high, Premier Doug Ford's government is facing a fresh push to make family practice more attractive to physicians by improving compensation.

The contract that covers how doctors are paid in this province, known as the physician services agreement, expires at the end of March. The government is in negotiations with the Ontario Medical Association (OMA), the doctors' bargaining agent, on a new deal. 

Family doctors' pay in particular is in the spotlight in those talks, in a way that it hasn't been for a long time.

That's in part because there's a growing chorus of physicians arguing that compensation is one of the key root causes why at least 2.2 million Ontarians don't have a family doctor, a number forecast to nearly double in just a few years. [...]

Continue Reading.

Tagging: @politicsofcanada