Small companies exempt from internal control certification

pose more risk according to this source.    Increased restatement of financials for a large block of companies.   http://blogs.wsj.com/cfo/2013/07/23/audit-rule-exemptions-pose-risks/?mod=djemCFO_h

For internal auditors to succeed

in the future, check out what this survey results indicates to be necessary skills..   http://www.cgma.org/Magazine/News/Pages/20138328.aspx

Stealing jewels

This article discusses a Tiffany's exec stealing jewels over a period of time.  
http://www.businessweek.com/articles/2013-07-08/how-a-tiffanys-employee-stole-1-dot-3-million-in-jewelry

Establishing sound client acceptance procedures

is the topic of this article.  A list of procedures related to client integrity is included, along with aspects related to risk of the client.   The process of formalizing the  client acceptance is a recommended proactive approach that will serve well.    http://www.journalofaccountancy.com/Issues/2013/Jul/20137770.htm

CPA gets probation for stealing from a dementia client

Hmmmm......   Will she have consequences for her CPA license?    Iowa CPA Society Ethics Division, please look into this case.   Send a message that the public trust of the CPA profession does not tolerate this kind of example.    

http://siouxcityjournal.com/news/local/crime-and-courts/sioux-city-accountant-gets-probation/article_80e537d0-6b51-5d26-9991-726372155091.html

Andrew Fastow speaks to ACFE convention

This former Enron fraudster addressed 2500 fraud examiners.   One ironic point noted was about getting approvals to do what was done from accountants, lawyers, etc...and yet is was still fraud.   

Also interesting bit about his habit of looking at his prison id card every morning, which a picture is shown.   He was not paid for this speech (travel expenses were covered), and has given other unpaid speeches to universities.   An interesting story.      http://features.blogs.fortune.cnn.com/2013/07/01/the-confessions-of-andy-fastow/