Thursday, November 21, 2013

Wednesday, November 13, 2013

SEC and COSO

Companies are expected to transition to the new COSO framework.   The 1992 framework is superceded mid December 2013.   In a survey taken, most internal auditors are saying the transition should not require significant changes.   http://www.complianceweek.com/sec-drops-new-hint-update-to-new-coso-framework/article/320514/

Sunday, November 10, 2013

KPMG report of the "morphing" nature of fraud

This 28 page report is from international investigation of fraud, wo the real world aspects of kickbacks, bribery are discussed.  Also the trends being observed are reported.  http://www.kpmg.com/global/en/issuesandinsights/articlespublications/global-profiles-of-the-fraudster/pages/default.aspx#!