EC audit reform is seen as utopian

according to the new chairman of the PCAOB http://www.vrl-financial-news.com/accounting/the-accountant/issues/ta-2011/ta-6087/ec-audit-reform-%E2%80%9Cutopian%E2%80%9D-dot.aspx

Stepped up enforcement of

the Foreign Corrup Practices Act has emphasized the scrutiny of companies in their involvement with others.  The article shows the top ten settlements in 2010 on enforcement actions from 2010 and years earlier http://www.cfo.com/article.cfm/14555334

Ernst Young article on fraud

made the cover of the most recent Fraud Magazinehttp://www.ey.com/Publication/vwLUAssets/Who_owns_fraud_proof/$FILE/Who_owns_fraud.pdf

PCAOB to ramp up inspections

now that the organization is in the clear from the question of whether its existence was constitutional http://www.bloomberg.com/news/2011-02-11/u-s-audit-watchdog-to-ramp-up-enforcement-new-chairman-says.html

PCAOB inspection chief

planning to retire in March http://www.accountingtoday.com/news/PCAOB-Inspection-Chief-Diacont-Retire-57209-1.html

Going concern blog

includes results of AICPA staffers discussings CPA exam changes http://goingconcern.com/2011/01/the-aicpa-talks-to-going-concern-about-the-new-cpa-exam/