July 21, 2018

Internet of Things

accountants internet of things

Accountants Must Wrangle Disjointed IoT

Technology has infiltrated our lives under the guise that it will make life easier. No one really wants to write journal entries or do math by hand, so, it seems like an excellent idea to ditch our old processes and find an app for whatever it is we need to do. The problem? We made […]

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Danger Lurking: Mirai and Botnet Are Terms Auditors Should Know

Uh, oh. Forget the Secret Life of Pets. What about the secret life of your video recorder or router? Am I the only one that is reminded of this scene from Brave Little Toaster? Just me. Ok. Internet of Things goes rogue Sure, it is no secret that lots of devices now have a Wi-Fi […]

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The Banking of Things Could Be the Next Technology Accountants Freak Out About

What if your client was a car? No, not the person who owns the car, but the car itself. Absurd, you say? Not totally. Internet of Things is old news For starters, connecting devices to the Internet of Things (IoT) is getting ridiculously cheap. The Wall Street Journal said that last summer Onion Corp. sold […]

What Auditors Ought to Know About the Internet of Things

Whenever I think about the Internet of Things ("IoT"), my mind jumps to a Disney original movie from 1999 called Smart House. If you haven’t seen it (no real surprise), here’s a clip. Fast forward less than two decades and “smart” technology is ubiquitous. As of 2013, there were more internet connected devices than people […]

One KPMG Hot Shot Concerned His Stuff is Out to Get Him

I'm pretty sure we've all been there, I'm convinced my PlayStation Move is watching everything I do. I was already paranoid that my printer is out to get me; now I'm worried that my microwave is serving a foreign power http://t.co/qqvepMQGMu — Nick Chism (@NickChism_KPMG) March 3, 2014 The piece to which Nick refers isn't […]