The Impact of the Facebook Court Order & CCPA 2020: Helping Businesses and Accountants Meet the Challenge of the New Era of Privacy Compliance

Journal of Accounting, Ethics and Public Policy 21(2): 247-262 (2020)

16 Pages Posted: 24 Jun 2020

See all articles by Patrick Ryle

Patrick Ryle

Wright School of Business, Dalton State College

Brett Bueltel

University of Southern Indiana

A. Kelly Walker

Mississippi State University - School of Accountancy

Carl Gabrini

Wright School of Business, Dalton State College

Mark McKnight

University of Southern Indiana, Romain College of Business

Date Written: June 1, 2020

Abstract

The regulatory and compliance environment regarding privacy issues has changed drastically in the past few years. With the California Consumer Privacy Act becoming effective on January 1, 2020 and the Federal Trade Commission’s imposition of a $5 billion fine on Facebook for privacy violations on July 24, 2019, companies that utilize customer data are now finding themselves reevaluating their privacy practices. This article provides businesses and accountants with solutions to address these new privacy issues. First, the paper analyzes the new legal framework of the CCPA and the FTC’s action. Next, advice is provided for businesses to comply with the CCPA and respond to consumer requests for information. The paper concludes with a practical implementation plan for businesses to adopt.

Keywords: privacy, compliance, customer data, regulation

JEL Classification: L51, M41, M48

Suggested Citation

Ryle, Patrick and Bueltel, Brett and Walker, A. Kelly and Gabrini, Carl and McKnight, Mark, The Impact of the Facebook Court Order & CCPA 2020: Helping Businesses and Accountants Meet the Challenge of the New Era of Privacy Compliance (June 1, 2020). Journal of Accounting, Ethics and Public Policy 21(2): 247-262 (2020), Available at SSRN: https://ssrn.com/abstract=3615422

Patrick Ryle

Wright School of Business, Dalton State College ( email )

Dalton, GA 30720
United States

Brett Bueltel

University of Southern Indiana ( email )

8600 University Boulevard
Evansville, IN 47712
United States

A. Kelly Walker

Mississippi State University - School of Accountancy ( email )

Mississippi State, MS 39762
United States

Carl Gabrini

Wright School of Business, Dalton State College ( email )

650 College Drive
Dalton, GA 30720
United States
(706)272-4466 (Phone)

HOME PAGE: http://www.daltonstate.edu

Mark McKnight (Contact Author)

University of Southern Indiana, Romain College of Business ( email )

Evansville, IN 47712
United States

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