Friday, October 25, 2013
Second report by PCAOB on internal controls
as per this article. Links to the staff report are therein. http://journalofaccountancy.com/News/20138988.htm
Censured auditor still worked
Deloitte still used the former partner as an associate, even though he had been censured by the PCAOB. When caught, the firm pays the fine. http://retheauditors.com/2013/10/23/only-money%e2%80%94deloitte-pays-another-fine-and-then-moves-on/
Wednesday, October 23, 2013
A research piece showing audits differ
depending on the engagement partner. The research tracked aggressive and conservative audit styles to the partner. http://www.complianceweek.com/audits-differ-by-engagement-partner-research-says/article/317291/
Tuesday, October 22, 2013
PCAOB Investor Advisory Group suggests changes
to the inspection process. Frustrations related to being able to tell if the quality control processes of firms are improving along with other suggestions are discussed. http://www.complianceweek.com/investor-want-transparent-audit-inspection-reports/article/316877/
Monday, September 30, 2013
Friday, September 27, 2013
Wednesday, September 18, 2013
Proposal to included individual names in audit reports
The proposal is expected by PCAOB before yearend. Stepping up disclosures is a theme of this piece, which also discusses the International Audit Assurance Standards Board's upcoming related work. http://blogs.wsj.com/cfo/2013/09/13/auditor-reports-headed-for-new-disclosure-era/
Subscribe to:
Posts (Atom)