E&Y To Provide Assurances on Online Privacy

Ernst & Young has announced that it will offer its clients the option of reporting on a website's compliance with key requirements of the BBBOnLine privacy program. BBBOnLine is a program of the Better Business Bureau system.

The new service will be offered to clients for whom E&Y is engaged to perform recurring attestation services under the American Institute of CPAs' WebTrust program for online privacy.

Essentially, E&Y will issue a report of findings to its clients for use in determining whether a business meets certain BBBOnLine privacy program eligibility requirements. Once accepted by BBBOnLine, the company will be able to display the consumer-friendly BBBOnLine privacy program trustmark on their websites.

BBBOnLine and E&Y will also cooperate on joint educational initiatives and materials to help companies meet and prove compliance with generally accepted privacy standards.

"In working with BBBOnLine," explained Jerry DeVault, who leads Ernst & Young's innovative assurance solutions group, "we want to help harmonize the sets of generally accepted privacy principles, share those principles broadly throughout the business and professional communities and better educate consumers and businesses about the kinds of assurance provided by privacy programs. We believe these efforts will enhance consumer confidence in the e-commerce marketplace."

-Rosemary Schlank

Voice of the Editor

Even though any accounting auditor would tell you it seems like there are an awful lot of tax accountants out there, surely one-third of the country isn't made up of tax preparers, so it's rather startling news to learn that one-third of Americans like to do their taxes. Who knew?
ADVERTISEMENT

This Week on AccountingWEB

Bill Walter of Gross, Mendelsohn & Associates and Harold Gaar of TravisWolff LLP weigh in on mobile technology use while employees are at work.
WestArk RSVP and Fayette County Community Action Agency – organizations that received grant funding through the IRS Tax Counseling for the Elderly (TCE) program – spoke with AccountingWEB about how they assist senior citizens in their communities.
CPA Robert Raiola, who heads the Sports & Entertainment Group of Fazio, Mannuzza, Roche, Tankel, LaPilusa, LLC, talks NFL player income taxes with AccountingWEB.
Retiring KPMG Centennial Professor of Accounting at the University of Texas at Austin McCombs School of Business Robert May, PhD talks with AccountingWEB about his rewarding forty-three-year career.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT