It's Time to Go on the Offensive.(auditing standards )(Brief Article)

From: California CPA | Date: December 1, 2000| Author: | Copyright information

Like a punch-drunk fighter, America's audit industry is struggling to its feet amidst a barrage of criticism. The SEC, the press, and a horde of shareholders' attorneys have all taken a swing.

This summer we listened to a contrite former executive describe the "culture of fraud" that flourished for 12-plus years in what is now the Cendant Corp. We could list other cases, but the point is the same. Unless auditors do something decisive, the whole profession is going to the mat.

As chair of the Association of Certified Fraud Examiners, I've watched the latest round of ...

Read all of this article with a FREE trial to HighBeam Research

Related newspaper, magazine, and trade journal articles from HighBeam Research

(Including press releases, facts, information, and biographies)

Auditing standards board votes to issue SAS on fraud
; The Auditing Standards Board at its Nov. 12 meeting...the proposed Statement on Auditing Standards, Consideration of Fraud in a Financial Statement...on the consideration of fraud in conducting a financial...whether caused by error or fraud. The final SAS is expected...
Auditing Standards Board agrees to issue ED on fraud detection
; The Auditing Standards Board has voted to...proposed statement on auditing standards, Consideration of Fraud in a Financial Statement...consideration of fraud in conducting a financial...caused by error or fraud. The proposed standard...
Comment on audit fraud exposure draft. (Legislative & Regulatory Issues).(web site offers information regarding Statement on Auditing Standards Consideration of Fraud in a Financial Statement Audit)(Brief Article)
; ...working to improve auditing standards and provide guidance...auditors better detect fraud. An audit fraud...proposed Statement on Auditing Standards Consideration of Fraud in a Financial Statement...considerarion_of_fraud.htm. Written comments...
AICPA standard aids in detecting risk factors for fraud.(American Institute of Certified Public Accountant's Statement on Auditing Standards No. 82, Consideration of Fraud in a Financial Statement Audit)
; ...Public Accountants' Statement on Auditing Standards (SAS) No. 82, Consideration of Fraud in a Financial Statement Audit...AICPA) issued Statement on Auditing Standards (SAS) No. 82, Consideration of Fraud in a Financial Statement Audit...
AICPA issues exposure draft for proposed SAS on fraud. (AICPA News).(American Institute of Certified Public Accountants; Statement on Auditing Standards)(Brief Article)
; ...concerning a proposed Statement on Auditing Standards that establishes standards...responsibility as it relates to fraud in an audit of financial statements...whether caused by error or fraud. However, the proposed statement...responsibility, as it relates to fraud. To read the exposure ...
The next big issue to impact the profession.(A message from the Chair)(auditing standards different for registered companies and unregistered companies)
; ...having two or more different sets of auditing standards. Should there be one set of audit...the sole and exclusive power to set auditing standards for audits of registered companies...makes no changes to the role of the Auditing Standards Board (ASB) as the recognized standard...
Proposed auditing standards for detecting fraud
; ...they discover fraud during the course...proposed statement on auditing standards (SAS) "consideration of fraud in a financial...financial statement fraud, it wasn't until...responsibility to detect fraud was delineated...In 1988, the Auditing Standards adopted SAS ...
New Fraud audit standard approved by Auditing Standards Board. (just in ...).
; A new fraud audit standard approved by the Auditing Standards Board last month represents...auditors unearth material fraud during an audit. The statement...standards in Statement on Auditing Standards No. 82, Consideration of Fraud in a Financial Statement...material ...
New fraud audit standard approved by Auditing Standards Board
; A new fraud audit standard approved by the Auditing Standards Board last month represents...auditors unearth material fraud during an audit. The statement...standards in Statement on Auditing Standards No. 82, Consideration of Fraud in a Financial Statement...material ...
A practical look at SAS No. 82.(Auditing Standards Board's anti-fraud statement on auditing standards)
; ...your firm afford to let fraud go undetected? Many companies...questioning how the Statement on Auditing Standards (SAS) No. 82, Consideration of Fraud in a Financial Statement...consider the implications of fraud going undetected. Litigation...Responsibility for Detecting Fraud The ...