Tuesday, June 9, 2015

Prevent and detect financial fraud

http://accounting.smartpros.com/x76480.xml There is a transcript for this program at the link. Attorney Michael R. Young, a partner with Willkie Farr & Gallagher LLP, reminds accountants and auditors what to do to prevent and detect financial fraud. He also assesses the recent expansion of audit committee responsibility to include the oversight of risk management.

AICPA 6 points Audit Quality

http://blog.aicpa.org/2015/06/making-a-bold-move-to-improve-audit-quality-1.html#more This is the result of feedback received from comments to the audit quality initiative from last summer. Check out the video within the blog posting. This feedback looks at an entire process of quality endeavors and topics.