Pricing when a former auditor on the Board of Directors

http://www.complianceweek.com/study-links-audit-fee-pressure-to-quality-restatements/article/337248/ This study on audit fee pressure had an interesting exception when the ex-auditor was a member of the Board.

Identifying Group audits

The identification of group audits is a key planning activity in the audit. From there, assessment of the risk entailed in any component audits is an important consideration. This change may be relevant in terms of increased audit procedures as compared to prior years.   At a minimum, there needs to be analytical procedures performed by the group auditor even on those components deemed not significant.  http://journalofaccountancy.com/News/20149529.htm

Audit failure rate questionable

Two researchers pose their opinion of the recently touted high audit failure rate by PCAOB.    See their discussion. http://ww2.cfo.com/auditing/2014/02/pcaobs-audit-failure-rate-highly-suspect/

IAASB Audit Quality framework

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

Data mining tips for the vendor list

This short article has some things to be on the lookout for when considering fraud.
http://www.cpa2biz.com/Content/media/PRODUCER_CONTENT/Newsletters/Articles_2014/CorpFin/review-master-vendor-list.jsp

The use of internal auditors

This standard makes use of the concept of a systematic and disciplined approach, which is based on the International Standard 610 that was modified in 2013.   For more information on the standard effective for audits for fiscal periods ending after 12/15/14 and a link to the executive summary check the following
http://www.journalofaccountancy.com/News/20149584.htm

Extended comment period for PCAOB

engagement partner Identification proposal http://www.journalofaccountancy.com/News/20149526.htm