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.

Establishing sound client acceptance procedures

is the topic of this article.  A list of procedures related to client integrity is included, along with aspects related to risk of the client.   The process of formalizing the  client acceptance is a recommended proactive approach that will serve well.    http://www.journalofaccountancy.com/Issues/2013/Jul/20137770.htm