Title: Explain the basics of financial compliance.
Course: Cybersecurity in Food and Agriculture (18204-I) > Section: Maintaining Cybersecurity in Agricultural Business Management and Financing

Explanation should include

- adhering to the regulations of state and federal government oversight agencies (e.g., IRS)
- creating an audit trail to guard against cyber threats.

Process/Skill Questions:

- What does the term financial compliance mean?
- What are the various state and federal government agencies that oversee financial compliance?
- How might these agencies use personal or corporate tax returns to red-flag inconsistencies or track cyberattacks on the financial standing of a business?
- How often should an audit be conducted in a business?
- Who would conduct an audit for a business?