KPMG resigns from Liberty tax audit

https://www.accountingtoday.com/news/kpmg-resigns-from-auditing-liberty-tax-amid-fallout-over-john-hewitt

Auditing on site

https://www.journalofaccountancy.com/newsletters/2017/dec/why-auditing-on-site.html

PCAOB Inspections

https://www.cpajournal.com/2017/08/30/not-pcaob-inspections-created-equal/

Audit report guidance

https://www.journalofaccountancy.com/news/2017/dec/pcaob-guidance-on-new-auditors-report-201717997.html

Blockchain

https://www.journalofaccountancy.com/news/2017/dec/blockchain-for-management-and-auditors-201717994.html The challenges of understanding blockchain technology

Conflict of interests

https://www.journalofaccountancy.com/issues/2017/nov/how-to-manage-conflicts-of-interest.html

Blockchain into the curriculum

https://www.journalofaccountancy.com/newsletters/extra-credit/blockchain-artificial-intelligence-accounting-curriculum.html

Blockchain technology

https://www.journalofaccountancy.com/news/2017/nov/blockchain-opportunity-for-accountants-201717900.html

Keeping perfectionism in its place

https://www.journalofaccountancy.com/newsletters/2017/nov/break-free-from-perfectionism.html

PCAOB 2016 Audit Quality Inspection results

https://www.bkd.com/articles/2017/pcaob-audit-quality-inspection-results.htm

A more flexible attestation standard

http://blog.aicpa.org/2017/11/you-asked-we-delivered-a-more-flexible-attestation-standard.html#sthash.IXcFTazC.dpbs

Encouraging reporting of misconduct

http://www.antifraudcollaboration.org/wp-content/uploads/2017/11/AFC_report_encouraging_reporting_misconduct_2017-11.pdf?elq_mid=8876&elq_cid=601858

Fraud risk tools

http://www.acfe.com/fraudrisktools-tests.aspx

Fraud guide

https://www.journalofaccountancy.com/news/2017/nov/fraud-quick-guide-for-cpas-201717824.html

PCAOB identifies 2016 audit issues

https://www.journalofaccountancy.com/news/2017/nov/pcaob-2016-staff-inspection-findings-201717868.html

New audit reporting standard on Critical Audit Matters

https://www.bkd.com/articles/2017/insights-for-audit-committees-the-new-auditors-reporting-standard.htm

Paper on Audit committee financial expertise

https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3050614 This paper studies the relationship of less technical audit committees and auditor selection. Is there an impact on the hiring decisions that less expert committees make for auditor selection related to audit partners that superficially "look good".

Podcast of Highlights from AICPA - ASB October 2017 meeting

https://www.podomatic.com/podcasts/asb201707/episodes/2017-10-24T12_39_46-07_00

2017 report on Audit Committee oversight and transparency

http://thecaq.org/2017-audit-committee-transparency-barometer

Wells Fargo scandal

http://sfmagazine.com/post-entry/november-2017-wells-fargo-scandal-continues/

PCAOB and auditor reporting model

https://www.journalofaccountancy.com/news/2017/oct/sec-approves-pcaob-new-auditors-reporting-model-201717721.html The audit report change pertains to critical audit matters, which has not been without controversy as it was deliberated.

What auditors are looking for this year

http://ww2.cfo.com/auditing/2017/10/auditors-looking-year/

Searching auditing literature

http://commons.aaahq.org/groups/e5075f0eec/summary The Auditing Section launched a free (open-access) comprehensive database containing concise summaries, organized by topic, of auditing research published in seven high leveljournals in the field: Journal of Accounting Research The Accounting Review Accounting Horizons Behavioral Research in Accounting Contemporary Accounting Research Auditing: A Journal of Practice & Theory Accounting, Organizations and SocietySee

The role of the auditors in Equifax breach

http://www.marketwatch.com/story/equifax-auditors-are-on-the-hook-for-data-security-risk-controls-2017-10-02 This article discusses both EY and the internal audit roles.

SEC forensics unit asked for resources prior to 2016 hack

http://www.reuters.com/article/us-sec-cyber-exclusive/exclusive-sec-forensics-unit-sought-resources-cyber-training-ahead-of-2016-hack-idUSKCN1C91G2

Five types of frauds in business

https://www.forbes.com/sites/mikekappel/2017/10/04/5-types-of-fraud-in-business-that-could-put-you-in-a-bind/#7ed47e4413e5

PCAOB proposal on supervising other auditors

https://www.journalofaccountancy.com/news/2017/sep/pcaob-revises-proposal-supervision-other-auditors-201717539.html PCAOB is seeking comments on this proposal related to lead auditors supervising other auditors. Comments due by 11/15/2017

Fraud quiz

A 5 question fraud quiz on investigation basics. https://www.journalofaccountancy.com/issues/2017/sep/fraud-iq-quiz-fraud-investigations.html

Proposal for a new attestation service

https://www.journalofaccountancy.com/news/2017/sep/proposal-selected-procedures-attestation-service-201717377.html The AICPA Accounting and Review Services Committee has a new proposal for CPAs to be able to perform a new "selected procedures" engagement.

Center for Audit Quality suggested changes to PCAOB proposals

https://www.journalofaccountancy.com/news/2017/aug/caq-seeks-changes-to-pcaob-proposals-201717371.html

PCAOB inspectors are looking!

https://www.journalofaccountancy.com/news/2017/aug/what-pcaob-inspectors-are-looking-for-201717358.html

Top-20 2017 Online Security Experts

https://www.vpnmentor.com/blog/top-20-online-security-blogs/

PCAOB & broker dealer audits

http://www.journalofaccountancy.com/news/2017/aug/pcaob-urges-improvement-in-broker-dealer-audits-201717293.html

PCAOB chair continues service

http://www.marketwatch.com/story/secs-clayton-says-pcaob-chairman-will-continue-to-serve-during-successor-search-2017-08-11

Crowe Horwath Hong Kong sanctioned by PCAOB

https://www.accountingtoday.com/news/pcaob-sanctions-crowe-horwath-hong-kong https://pcaobus.org/Enforcement/Decisions/Documents/105-2017-031-CroweHK.pdf

Internal auditors reduce fraud losses

http://www.cgma.org/magazine/2017/jul/help-internal-audit-reduce-fraud-losses-201717040.html

Audit methodology changes

http://www.journalofaccountancy.com/news/2017/jun/audit-methodologies-will-change-in-future-201716772.html Virtual audits, continuous auditing, and data analytics

Fraud risk management quiz

http://www.journalofaccountancy.com/issues/2017/jun/effective-fraud-risk-management-programs.html See how you do! from the AICPA

Critical Audit Matters Rule

http://www.journalofaccountancy.com/news/2017/jun/pcaob-expands-auditor-reporting-duties-201716790.html Subject to SEC approval as of June 2, 2017 This article from Journal of Accountancy From the E&Y Standard Setter update: "Requiring a discussion of critical audit matters for audits of large accelerated filers in 2019 and all other filers in 2020. The standard would also require disclosure of auditor tenure and would change the discussion of the role and responsibilities of the auditor and the format of the auditor’s report. Those requirements would be effective for periods ending on or after 15 December 2017."

PCAOB reporting model

http://www.journalofaccountancy.com/news/2017/may/pcaob-standard-auditors-reporting-model-201716740.html

Trust within institutions

http://sfmagazine.com/post-entry/may-2017-trust-in-institutions-is-eroding/ This article is related to IMA, from that organization's publication. It is relevant to the auditing field as well, due to the discussion of ethics.

Innovations in auditing

http://www.journalofaccountancy.com/issues/2017/apr/rethinking-the-audit.html

Documentation is key

http://blog.aicpa.org/2017/04/documentation-the-ingredient-that-prevents-your-audit-from-falling-flat.html

Form AP

https://www.sec.gov/rules/pcaob/2016/34-77787.pdf
https://pcaobus.org/Rules/Pages/Form-AP-Instructions.aspx
https://pcaobus.org/Pages/form-ap-reporting-certain-audit-participants.aspx#complete-form-ap
https://pcaobus.org/Pages/AuditorSearch.aspx

Benfords Law

http://www.journalofaccountancy.com/issues/2017/apr/excel-and-benfords-law-to-detect-fraud.html

Lessen risk of Financial Reporting Fraud

http://www.accountingweb.com/aa/law-and-enforcement/how-to-lessen-the-risk-of-financial-reporting-fraud?source=ei041217

PCAOB discovers ethical breach

http://compliancex.com/kpmg-fires-partners-leak-audit-regulators-confidential-plan/
https://www.ft.com/content/d6efd3a4-1f5e-11e7-a454-ab04428977f9
https://home.kpmg.com/us/en/home/media/press-releases/2017/04/kpmg-removes-audit-personnel-including-head-of-audit-practice.html

Benford's Law

http://www.journalofaccountancy.com/issues/2017/apr/excel-and-benfords-law-to-detect-fraud.html

Do you need a checkmark?

http://www.journalofaccountancy.com/issues/2016/nov/checkmark-in-word.html

Fraud controls in complex accounting areas

http://www.journalofaccountancy.com/news/2017/mar/fraud-controls-in-complex-accounting-areas-201716236.html

The Oscar accountant versus the Audit Partner

https://www.wsj.com/articles/we-all-know-the-oscar-accountant-but-who-does-your-companys-audit-1488558182?mod=djem_jiewr_AC_domainid
https://pcaobus.org/Pages/AuditorSearch.aspx
The auditor search feature at PCAOB

Complete ERM is a myth

http://www.journalofaccountancy.com/news/2017/mar/complete-erm-is-a-myth-201716202.html

Trivago from IFRS to GAAP ... a material weakness

http://blogs.wsj.com/cfo/2017/03/13/trivago-ramps-up-gaap-expertise-after-material-weakness-disclosure/
http://blogs.wsj.com/cfo/2017/02/01/u-s-listing-helps-and-challenges-trivago/
Here is the 20F form where the material weakness was identified
https://www.sec.gov/Archives/edgar/data/1683825/000168382517000009/trvg20f.htm

Going concern standard

http://blog.aicpa.org/2017/03/4-things-to-know-about-the-new-going-concern-auditing-standard.html

Health South CFOs warn against loosening SOX rules

http://blogs.wsj.com/cfo/2017/03/08/former-healthsouth-cfos-warn-against-loosening-sox-rules/

Nonprofits and fraud

http://sfmagazine.com/post-entry/march-2017-nonprofit-fraud-how-good-are-your-internal-controls/

Amanda loves to audit

Great youtube channel with some nice video lectures on auditing topics.

Form AP and naming of the auditor

PCAOB and naming of auditor Highlighted as third item within this linked in posting https://www.linkedin.com/pulse/assessing-your-financial-reporting-risks-year-ahead-len-combs

Staff Guidance document https://pcaobus.org/Standards/Documents/2017-01-26-Form-AP-Staff-Guidance.pdf

Journal of Accountancy http://www.journalofaccountancy.com/news/2017/jan/form-ap-reporting-for-audit-firms-201715929.html

Form AP https://pcaobus.org/Rules/Pages/default.aspx#_FI

Comment letters on the proposals https://pcaobus.org/Rulemaking/Pages/Docket029Comments.aspx

PCAOB guidance for audit firms working in China

http://www.accountingtoday.com/news/pcaob-staff-offers-guidance-on-audit-firms-work-in-china The following is a China accounting blog http://www.chinaaccountingblog.com/

Pyramid scheme and money in a mattress

http://boston.cbslocal.com/2017/01/23/image-20-million-dollars-found-mattress-scheme-westborough/

White collar crime

http://www.utwhitecollarcrimeregistry.com/

PCAOB inspections and IT auditors

http://goingconcern.com/post/pcaob-inspectors-find-it-auditors-struggle-bus https://pcaobus.org/Inspections/Reports/Documents/104-2016-140-PwC.pdf http://yucommentator.org/2017/01/are-the-big-four-accounting-firms-and-grant-thornton-as-great-as-they-seem/

Speaking up in audit teams

http://www.journalofaccountancy.com/issues/2017/jan/psychological-safety-for-audit-teams.html This article is about aspects of psychological safety within an audit team - freedom and trust that one can ask questions or make suggestions is key.