Saturday, July 29, 2017
Crowe Horwath Hong Kong sanctioned by PCAOB
https://www.accountingtoday.com/news/pcaob-sanctions-crowe-horwath-hong-kong
https://pcaobus.org/Enforcement/Decisions/Documents/105-2017-031-CroweHK.pdf
Thursday, July 20, 2017
Friday, June 16, 2017
Audit methodology changes
http://www.journalofaccountancy.com/news/2017/jun/audit-methodologies-will-change-in-future-201716772.html
Virtual audits, continuous auditing, and data analytics
Monday, June 5, 2017
Fraud risk management quiz
http://www.journalofaccountancy.com/issues/2017/jun/effective-fraud-risk-management-programs.html
See how you do! from the AICPA
Friday, June 2, 2017
Critical Audit Matters Rule
http://www.journalofaccountancy.com/news/2017/jun/pcaob-expands-auditor-reporting-duties-201716790.html
Subject to SEC approval as of June 2, 2017 This article from Journal of Accountancy
From the E&Y Standard Setter update:
"Requiring a discussion of critical audit matters for audits of large accelerated filers in 2019 and all other filers in 2020.
The standard would also require disclosure of auditor tenure and would change the discussion of the role and responsibilities of the auditor and the format of the auditor’s report. Those requirements would be effective for periods ending on or after 15 December 2017."
Thursday, May 25, 2017
Friday, May 5, 2017
Trust within institutions
http://sfmagazine.com/post-entry/may-2017-trust-in-institutions-is-eroding/
This article is related to IMA, from that organization's publication. It is relevant to the auditing field as well, due to the discussion of ethics.
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