Fraud reporting per 2014 survey

http://www.complianceweek.com/blogs/the-filing-cabinet/report-fraud-and-retaliation-on-the-rise#.VCrkXvldXDZ Fraud and retaliation against whistleblowers who report the fraud is increasing according to the 2014 Compliance Report compiled by The Network. This is an all-time high since the first report in 2005. Mobile reporting applications are a way this is being reported.

Fair value deficiencies and auditors

http://www.accountingtoday.com/news/auditing/fair-value-audit-deficiencies-remain-high-at-firms-72141-1.html This area of fair value merits continued attention by auditors to the assessment of risks and internal controls

Going concern evaluation per PCAOB

http://www.journalofaccountancy.com/News/201410985.htm Changes in GAAP have not altered the responsibilities of the auditor in going concern evaluation and communications. The explanatory paragraph may still be a necessity in the audit report. This is to distinguish between the management's responsibility for disclosure and the auditor's responsibility

SEC to pay whisleblower award

http://www.journalofaccountancy.com/News/201410983.htm $30 million award is twice the previous record amount

Chartered Institute of Internal Auditors

http://auditandrisk.org.uk/magazine This is the magazine published by the Chartered Institute of Internal Auditors

Andrew Madoff passes away at age 48

http://www.washingtonpost.com/national/andrew-h-madoff-son-of-convicted-financier-dies-at-48/2014/09/03/49c10da4-0e81-11e4-b8e5-d0de80767fc2_story.html The only remaining son of Bernie Madoff died Sep 3, 2014.

Fluctuating currencies and fraud

http://www.cpa2biz.com/Content/media/PRODUCER_CONTENT/Newsletters/Articles_2014/FVSNews/FluctuatingCurrencies.jsp In this area, highlight of issues and fraud possibilities.