Saturday, October 17, 2009

Clarity Project

To promote awareness and understanding of the newly clarified International Standards on Auditing (ISAs), the International Auditing and Assurance Standards Board (IAASB) released a series of "ISA Modules" focusing on some of the new and more significantly revised ISAs.

http://accounting.smartpros.com/x67811.xml

Friday, October 2, 2009

KPMG and PwC Reykjavik offices are raided by Icelandic police

Police have raided the offices of KPMG and PricewaterhouseCoopers (PwC) in Reykjavik, seizing documents and computer data as part of an investigation into alleged criminal activity at three collapsed Icelandic banks

http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/6252501/KPMG-and-PwC-Reykjavik-offices-are-raided-by-Icelandic-police.html

PCAOB extends reporting deadline

Transitions are not always easy...a few more months from October to Dec. 31, 2009.

http://www.journalofaccountancy.com/Web/20092205.htm

Thursday, October 1, 2009

SAP as a CAAT

SAP helped catch moonlighters in South Africa (broadcasting corporation)...those employees who violated policy. Probably wasn't a very difficult procedure to use...

http://www.itweb.co.za/index.php?option=com_content&view=article&id=26547:sap-fingers-sabc-employees&catid=69:business&Itemid=