Wednesday, March 4, 2015
Root Cause Analysis in Auditing
http://www.journalofaccountancy.com/news/2015/mar/improving-audit-quality-with-root-cause-analysis-201511894.html
The results of a survey from the International Forum of Independent Audit Regulators identifies some factors.
The actual survey is located at this url.
https://www.ifiar.org/IFIAR/media/Documents/General/IFIAR%20Global%20Survey%20Media%20Coverage/IFIAR-2014-Survey-of-Inspection-Findings.pdf
Tuesday, March 3, 2015
Reporting fraud
http://ww2.cfo.com/fraud/2015/03/internal-fraud-still-swept-rug/
Companies should call in law enforcement rather than handle malfeasance internally.
Friday, February 20, 2015
Tuesday, February 10, 2015
Thursday, February 5, 2015
US Audit report proposal and International proposal
http://www.complianceweek.com/news/news-bulletin/more-hints-on-audit-report-20#.VNH-N8bfJOI
Article does some comparisons between the two.
PCAOB standard setting slow process
http://www.journalofaccountancy.com/news/2015/feb/auditing-standards-pcaob-201511738.html
This article mentions standards can take up to five years to enact from start to finish.
Monday, February 2, 2015
Audit committee survey results
http://www.journalofaccountancy.com/news/2015/jan/audit-committee-members-need-more-time-201511720.html
Risky environment and changes in audit committee oversight responsibilities
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