auditing

auditing

Internal Auditors Urged to Provide Greater Insight Into Their Organisations

02-Feb-12

Internal auditors can be in the position to make meaningful contributions to the organisations they serve by providing insight into organisational risks and opportunities.

Olympus Panel Clears Ernst & Young, KPMG

18-Jan-12

Auditing firms KPMG Azsa LLC and Ernst & Young ShinNihon LLC have been cleared by an independent panel from legal responsibility in the Olympus accounting scandal.

Singapore Launches Professional Certificate in Audit Skills

12-Jan-12

The country's national accountancy body, has launched a Professional Certificate in Audit Skills, especially for audit professionals to enhance their technical expertise and update their skills.

KPMG Resigns as China Forestry's Auditor

06-Jan-12

The Big Four firm decided to step down after identifying irregularities in the 2010 financial statements and China Forestry's inability to resolve issues connected with 2011 issues

Economic Volatility Continues to Challenge Auditors

02-Jan-12

Volatility in capital markets, and issues including measurement and disclosure of exposures to sovereign debt of distressed countries, continue to create uncertainty.

Mandatory Audit Firm Rotation Too Costly With Minimal Benefit, Cautions IIA

27-Dec-11

Mandatory audit firm rotation could significantly impact the relationship between the external and internal auditors

New Standard on Pro Forma Financial Information

27-Dec-11

The new standard provides comprehensive guidance on the nature and extent of a practitioner’s work when engaged to report on the compilation of pro forma financial information.

Standards Board Addresses Auditing Considerations Relating to Financial Instruments

26-Dec-11

IAPN 1000 provides important material that will assist auditors in understanding the nature of, and risks associated with, financial instruments.

10 Major Business Challenges for 2012

09-Nov-11

With continued market uncertainty likely on tap for 2012, organisations may find themselves facing 10 major business challenges.

China Asks Big Four Firms to Review 2010 Audits

25-Oct-11

The move follows the U.S. SEC’s request to enforce a subpoena that requested Deloitte hand over papers relating to their audit of Longtop Financial Technologies of China.

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