auditing

auditing

IAASB Seeks to Improve Auditor Reporting on Financial Statements

25-Jun-12

The International Auditing and Assurance Standards Board (IAASB) has released a key milestone consultation document in its work to enhance, on a global basis, the communicative value of the auditorâ€™s report on financial statements.

Hong Kong CPAs Stand Against Provision That Causes Serious Damages to Auditors

14-Jun-12

HKICPA claims Clause 399 of Companies Amendment Bill will unduly lower the barriers to prosecution and bring great risks to good people in the profession.

Singapore Study Finds Positive Trends in Audit Committee Profiles

17-May-12

There is an increasing number of financially-trained individuals in audit committees.

US Moves Against Deloitte Shanghai Over Client Data

14-May-12

The firm is charged with violating the Sarbanes-Oxley Act, which requires foreign accounting firms to provide audit work papers concerning U.S. issuers

China to Localise Operations of Foreign Accounting Firms

14-May-12

Auditing firms operating in China are now required to hire locally certified Chinese citizens as chief partners.

Accountants Have Crucial Role in Improving Economic Performance, Says ACCA

20-Apr-12

High quality accounting, financial reporting and auditing can play a crucial role in improving economic performance around the world.

More Auditor Resignations Seen as Audit Season Nears End

02-Apr-12

The first case is Deloitte's resignation as auditor of a Hong Kong-listed company.

Audit Finds Foxconn Seriously Violated Chinese Labour Law

30-Mar-12

Foxconn Technology Group has seriously violated Chinese labour laws, finds an audit of the biggest maker of Apple Inc. devices.

IAASB Strengthens Standard on Using the Work of Internal Auditors

27-Mar-12

The revised standard is aimed at enhancing the external auditorâ€™s performance by providing a more robust framework for evaluating and using the work of an entityâ€™s internal audit function.

Proposal Seeks to Improve Global Practice of Internal Auditing

27-Feb-12

The most significant elements of the proposal would clarify the responsibilities of CAEs and other internal auditors.

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