Testing fraud IQ and data sets

in this Journal of Accountancy article.  http://www.journalofaccountancy.com/Issues/2012/Dec/20126200.htm

SEC Chairman Mary Schapiro stepping down

Elisse Walter to replace her.   Center for Audit Quality recognized Schapiro for her leadership during a period of turmoil in U.S. Capital Markets.  http://journalofaccountancy.com/News/20126902.htm

Study finds a woman on corporate board is

associated with greater integrity of financial reporting (fewer restatements).  Full study is reported in December 2012 issue of Accounting Horizons; this summary highlights some of the findings.   Authors surmise it to be attributed to independence issues

   http://www.accountingtoday.com/news/Women-Corporate-Boards-Encourage-Better-Financial-Reporting-64656-1.html

The PCAOB and China inspections

and document discussions are underway.  http://www.reuters.com/article/2012/11/08/us-usa-audit-china-idUSBRE8A71DR20121108