PCAOB and Chinese firm inspections

Some agreements to move ahead in a sort of trust building exercise.  http://www.accountingtoday.com/news/pcaob-china-audit-firm-inspections-64051-1.html

White paper released on financial statement

preparation being a non-attest service.  http://blog.aicpa.org/2012/09/why-financial-statement-preparation-is-proposed-to-be-a-nonattest-service.html

Fraud reports amongst employees

is climibing.  http://www3.cfo.com/article/2012/9/regulation_fraud-whistleblower-sec-jimmy-lin-jonny-frank

Ethics classes

Does teaching this make a difference today?  http://accounting.smartpros.com/standard/ima/IMA_0912i.html

Fraud reporting incidents increased

after a two year decline.   This is per the 2012 Corporate Governance and Compliance Hotline Benchmarking Report from BDO Consulting as summarized by the IMA.     http://accounting.smartpros.com/standard/IMA/IMA_0812t.html

Penalties for noncompliance with regs

by 1/3 of midsized companies.  http://accounting.smartpros.com/standard/IMA/IMA_0812p.html

Audit Committee Effectiveness Center

While some of the resources are limited to AICPA members, there are some good articles and links that are open  free of charge.  http://www.aicpa.org/ForThePublic/AuditCommitteeEffectiveness/Pages/ACEC.aspx