News Archive
Our news covers assurance and accounting topics relevant to the industries we serve.
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The New Requirements of SAS 103
The accounting profession has issued a new audit standard
("Statement on Auditing Standards 103—Audit
Documentation") that will require changes in how
audits are planned, completed, and dated.
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Corporate Fraud Increasing
A 2005 survey on economic crime shows an increase in corporate fraud and suggests that companies tend to underestimate their vulnerability. The good news is that fraud detection may be increasing.
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