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In This Issue
AICPA Proposal Would Outline Audit Firm’s Responsibilities in Detecting Fraud
Audit committees and chief audit executives have been watching a longstanding discourse on what external auditors should do if they detect or suspect fraud in a client’s financial records. The American Institute of Certified Public Accountants (AICPA) has proposed a measure that would clarify the role of the audit firm and is seeking input on it during a comment period that ends Oct. 3.
- SEC Starts Process of Revamping Patchwork of Executive Compensation Rules
- KPMG Global Economic Outlook: Executives Are Adopting a ‘Pause and Prepare’ Strategy
- CIMA Praises Publication of Draft of New UK Sustainability Reporting Standards
- PCAOB Imposes $8.5 Million in Fines in the Netherlands for Widespread Exam Misconduct
- Deloitte Outlines Megatrends Affecting Internal Audit in Its IA 4.0 Framework
- Escalate Your Team’s Results By Opting for ‘Spacious Thinking’ over ‘Doing Mode’
