Articles

• AUDIT CONDUCT NEWS (Newsletter)
• Newsletter Archives
• Other Articles

AUDIT CONDUCT NEWS (Quarterly Online Newsletter)

Auditing is more than simply following technical standards—ethics and independence also play a crucial role in performing a quality audit. AUDIT CONDUCT NEWS provides information about recent developments in ethics and independence rules and compliance issues affecting the conduct of audits and similar services. AUDIT CONDUCT NEWS highlights emerging issues, trends, and best practices in the accounting profession and seeks to raise awareness and foster meaningful debate on these essential pre-requisites of the audit.

Spring 2008 Newsletter

This quarter’s issue of AUDIT CONDUCT NEWS provides Questions and Answers about the ethics, independence, and related quality control provisions of the newly-updated Government Auditing Standards (the “Yellow Book”). To read the newsletter, click here.

Winter 2008 Newsletter

This issue discusses: PCAOB observations on independence quality controls; SEC staff speech - AICPA SEC/PCAOB Conference; and IRS/Treasury Interim Guidance on preparer penalties. To read the newsletter, click here.

Fall 2007 Newsletter

AICPA Interpretation 101-3 Fundamentals, Firm Responses to 101-3 Challenges, and AICPA Update

This issue focuses on AICPA Interpretation 101-3, Performance of Nonattest Services, by discussing the fundamentals to complying with the independence rule and ways in which accounting firms - from the smallest to largest – have addressed challenges to compliance. The issue also provides highlights of the AICPA’s Professional Ethics Executive Committee’s November 2007 meeting. To read the newsletter, click here.

Summer 2007 Newsletter

Latest Information on Independence and Ethics Standard-Setting by the SEC, AICPA, PCAOB, GAO and IFAC.

This issue discusses the latest standard-setting developments in ethics and independence, including: New FAQs issued by the SEC; AICPA proposals for “network firm,” a conceptual framework, and quality control; an AICPA FAQ on FIN 48 and independence and update on auditor indemnification; a restructured Yellow Book (GAO); and IFAC independence proposals. To read the newsletter, click here.

Newsletter Archives

Click here to view previous newsletters.

Other Articles

• A Global Standard for Professional Ethics” (Journal of Accountancy, May 2008)
• "Navigating the Crossroads of Control and Independence" (Journal of Accountancy, December 2007)
• "An Update for Audit Committees: New Rules on Auditor Provided Tax Services" (Directors Monthly, May 2007)
• "PCAOB Rules on Independence and Personal Tax Services Current Guidance for Public Company Auditors" (CPA Journal, February 2007)
• "How Audit Committees Can Assess Auditor Independence" (Directors Monthly, December 2006)
• "Ethics Rules Get Tighter" (Journal of Accountancy, December 2006)