New GAAP taxonomy unveiled

and awaiting comments.  See article at http://www.complianceweek.com/fasb-unveils-proposed-2013-gaap-taxonomy/article/257035/

Leaving public accounting at the 3-6 year mark

According to a recent research report.   Also check out the comments.  http://www.accountingtoday.com/news/leave-public-accounting-coehnen-brothers-63814-1.html

whistleblower reward

from SEC, sparks concerns that some individuals will prefer to go that route, instead of reporting first in-house.   8 tips a day since the program was implemented last year.
http://www3.cfo.com/article/2012/8/risk-compliance_sec-iia-whistleblower-chambers-goldman

PCAOB giving out more bad grades

in its inspections of firms.  What is behind this?   New York Times takes some perspectives.  http://www.nytimes.com/2012/08/24/business/bad-grades-rising-at-audit-firms.html?pagewanted=1&_r=1 

Fake audit in New Mexico Finance Authority

begets concerns in subsequent treatment.   Internal controls, transparency, objectivity, responsibility of the audit committee are issues to consider.  http://accounting.smartpros.com/standard/IMA/IMA_0812c.html

Internal audit survey results

In a survey conducted by E&Y, 61% of respondents acknowledged they had no documented mandate aligning internal audit with the organisational strategy.  Four steps to formalize this are presented. http://www.cgma.org/Magazine/News/Pages/20126134.aspx

Internal Audit Leaders Report

Volume 8 of Internal Auditing Around the World focuses on leading global companies and how their internal audit functions help develop others

http://www.protiviti.com/iaworld