Naming the audit partner

http://www.journalofaccountancy.com/News/201411417.htm The standard may become a reality in 2015. This article also details other agenda topics for 2015. And notice how PCAOB budget is declining slightly.

What the Pope had to say to accountants

http://www.cgma.org/magazine/news/pages/201411404.aspx This article highlights Pope Francis' remarks to the World Congress of Accountants, November 14. Urging accountants to "play a positive constructive role in the course of their daily work" and to bear in mind "that behind every document, there is a story, there are faces."

Happy internal auditors

http://www.cgma.org/magazine/news/pages/201411387.aspx Internal auditors who receive incentives based on profit or revenues report higher satisfaction. Check out the survey discussion of some of the results. 1600 North American internal auditors were surveyed on this and other aspects.

SEC whistleblowing tips highest in three years

http://www.reuters.com/article/2014/11/18/us-sec-whistleblower-idUSKCN0J220620141118 For Fiscal year 2014, this was the highest year of whistleblowing tips.

Independence alert for non-broker dealers and SEC-registered and state registered investment advisers

http://www.journalofaccountancy.com/News/201411389.htm In a joint alert, the CAQ and AICPA focus on independence rules for certain nonissuers.

The Fraud-resistant organization

http://www.journalofaccountancy.com/News/201411371.htm Check out this report released to show the traits of fraud resistand organizations, and the responsibilities for those in roles of the financial reporting supply chain.

Audit committee effectiveness

http://www.cgma.org/magazine/news/pages/201411364.aspx This short article includes ingredients that were discussed at the 2014 World Congress of Accountants about effective audit committees.

Whistleblowers can be costly

http://www.complianceweek.com/blogs/enforcement-action/study-whistleblowers-are-even-more-costly-than-you-thought#.VGOW5PnF9Np See this article highlighting recent research.

Tesco accounting scandal

http://www.telegraph.co.uk/finance/comment/11214948/Unanswered-questions-in-Tescos-accounting-scandal.html Interesting wording that PWC had included around "potential for manipulation". Revenue and collection of impairment issues are both addressed in this article. The SFO (Serious Fraud Office) has its hands full.