Fraud fighting steps from Crowe Horwath

http://www.cgma.org/Magazine/News/Pages/201410164.aspx?TestCookiesEnabled=redirect Keeping the balance between a warm attitude with clients and not getting "too comfortable" has never been easy. See the few steps outlined in this report.

Auditor reporting model changes

The Center for Audit Quality has done field testing of 51 companies related to the audit "critical matters" change. This article discusses the findings. http://www.journalofaccountancy.com/News/201410377.htm

Disclosures for the revenue recognition standards

The expanded disclosures required by the new standard are discussed here. http://www.journalofaccountancy.com/News/201410313.htm

revenue recognition

Resources related to revenue recognition standard http://www.aicpa.org/InterestAreas/FRC/AccountingFinancialReporting/RevenueRecognition/Pages/RevenueRecognition.aspx

Related party transactions

http://www.journalofaccountancy.com/News/201410276.htm PCAOB is considering adopting new related party transaction audit rules next week. This standard was re-proposed in May of 2013, after comments from the 2012 proposal. There have been two rounds of comments thus far.

A fraud IQ quiz

This Journal of Accountancy article has a short 8 question quiz (with answers) on interviews related to fraud. http://www.journalofaccountancy.com/Issues/2014/Jun/20149666.htm

Challenges discussed for the telecommunications industry

Predicted issues for revenue recognition in the telecommunications industry. This podcast by ATT Accounting director presents some of the issues. http://jofa.podomatic.com/entry/2014-05-29T12_58_17-07_00