COSO's ERM framework to undergo update

http://journalofaccountancy.com/News/201411173.htm Announcement of efforts to update this framework. Also a link to AAA FAQs on this. http://aaahq.org/newsroom/COSO_102114_faq.htm Looks like PWC will be having a primary input to this endeavor under COSO direction.

12 Principles of the Internal Audit Framework

http://www.journalofaccountancy.com/News/201410699.htm This is proposed guidance, along with a new mission statement. The 12 principles are seen to enhance internal audit effectiveness. Comments are due by Nov 3, 2014.

IAASB Audit Quality framework

International framework and audit quality http://journalofaccountancy.com/News/20149626.htm

IAASB framework to Improve audit quality

PCAOB, IAASB, and Center for Audit Quality (CAQ) looking for ways to improve audit quality.   A link to the IAASB's newly released framework is within this site, as well as a brief discussion of the PCAOB's efforts and the CAQ (AICPA).   Article is located at http://journalofaccountancy.com/News/20137239.htm