Whistleblower record amount from SEC

at $14 million.  Recipient wishes to stay anonymous. http://www.complianceweek.com/sec-awards-whistleblower-14-million-largest-bounty-thus-far/article/314359/

In 2013, quite a few tips, from each of 50 states and many countries  http://www.complianceweek.com/sec-received-3238-whistleblower-tips-in-2013-from-all-50-states-55-foreign-countries/article/321390/

Elements PCAOB considers for quality control

remediation   http://journalofaccountancy.com/News/20139116.htm

SEC and COSO

Companies are expected to transition to the new COSO framework.   The 1992 framework is superceded mid December 2013.   In a survey taken, most internal auditors are saying the transition should not require significant changes.   http://www.complianceweek.com/sec-drops-new-hint-update-to-new-coso-framework/article/320514/

KPMG report of the "morphing" nature of fraud

This 28 page report is from international investigation of fraud, wo the real world aspects of kickbacks, bribery are discussed.  Also the trends being observed are reported.  http://www.kpmg.com/global/en/issuesandinsights/articlespublications/global-profiles-of-the-fraudster/pages/default.aspx#!

Johnson and Johnson settle up on kickbacks

and other violations http://www.nbcnews.com/business/j-j-pay-2-2b-pharma-kickback-probe-source-8C11518989#j-j-pay-2-2b-pharma-kickback-probe-source-8C11518989

Exposure draft for Compilations

Contains three proposed standards, released by the  AAICPA Accounting and Review Services Committee.    Comments are due by May 2014.   http://www.aicpa.org/Research/ExposureDrafts/CompilationReview/DownloadableDocuments/20131023a_SSARS_ED_Prep_Comp_Assoc.pdf

Auditing revenue standard

to possibly be on the horizon.   Some of this is due to the issuance of the recent effort by FASB and IASB to have a converged revenue standard slated for release in last quarter of 2013.   Thus a call for auditing standard....    http://journalofaccountancy.com/News/20138999.htm