GAO, Government Auditing Standards (The Yellow Book) resource Agency Guidances OCEG Reviewed
Government Auditing Standards, July 2007 Revision (GAO-07-731G)
SEC, Proposed Rule - Roadmap for the Potential Use of Financial Statements Prepared in Accordance with International Financial Reporting Standards by U.S. Issuers (2008) resource National Regulations OCEG Reviewed
Summary: The Securities and Exchange Commission (“Commission”) is proposing a Roadmap for the potential use of financial statements prepared in accordance with International Financial Reporting Standards (“IFRS”) as issued by the International Accounting Standards Board by U.S. issuers for purposes of their filings with the Commission. This Roadmap sets forth several milestones that, if achieved, could lead to the required use of IFRS by U.S. issuers in 2014 if the Commission believes it to be in the public interest and for the protection of investors.
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IFAC, 2008 Handbook of International Auditing, Assurance, and Ethics Pronouncements (PDF Version) resource Books / Publications OCEG Reviewed
The Handbook - Part I contains the pronouncements on ethics, auditing, review, other assurance, and related services issued as of January 1, 2008, as well as the glossary of terms. Part II of the handbook contains the amended Preface to the International Standards on Quality Control, Auditing, Review, Other Assurance and Related Services and nine International Standards on Auditing that have been redrafted following the IAASB's clarity drafting conventions.
Published: March 2008 (1271 pages)
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IASB, Reclassification of Financial Assets: Amendments to IAS 39 and IFRS 7 (2008) resource International Materials OCEG Reviewed
Amendments to IAS 39 Financial Instruments: Recognition and Measurement and IFRS 7 Financial Instruments: Disclosures
Effective Date: July 1, 2008
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AICPA, Statement on Auditing Standards No. 115, Communicating Internal Control Related Matters Identified in an Audit, Executive Summary (2008) resource Guides OCEG Reviewed
The Auditing Standards Board has issued Statement on Auditing Standards (SAS) No. 115, Communicating Internal Control Related Matters Identified in an Audit. SAS No. 115 supersedes SAS No. 112 of the same title and was issued to eliminate differences within the AICPA’s Audit and Attest Standards resulting from the issuance of Statement on Standards for Attestation Engagements (SSAE) No. 15, An Examination of an Entity’s Internal Control Over Financial Reporting That Is Integrated With an Audit of Its Financial Statements. SSAE No.
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Aligning COBIT 4.1, ITIL V3 and ISO/IEC 27002 (2008) resource White Papers OCEG Reviewed
The briefing applies generally to all IT best practices but focuses on three specific practices and standards that are becoming widely adopted around the world. It has been updated to reflect the latest versions:
• ITIL V3Published by the UK government to provide a best practice framework for IT service management
• Cobi T 4.1Published by ITGI and positioned as a high-level governance and control framework
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EU Internal Audit Manager Guideline for Internal Financial Control Assessment Part I - Principles (2007) resource International Materials OCEG Reviewed
The objective of the Guideline is providing principles and techniques applicable for Internal Financial Control Assessment in order to give accurate information to develop, assess and improve internal financial control systems by utilizing the methods of the ISO/IEC 15504 Process Assessment standard. Mastering and practicing the Guideline content, managers and internal auditors will enable to enrol to the job role of EU Internal Financial Control Assessor based on the requirements of the European Internal Financial Control Assessor Skills Card.
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China's New Accounting Standards: A comparison with current PRC GAAP and IFRS (Deloitte, 2006) resource White Papers OCEG Reviewed
The development of new Chinese accounting standards is an important step for the development of the Chinese economy and its place in the world’s increasingly integrated capital markets.
BS31100:2008 Code of Practice for Risk Management Order Page (2008) resource Books / Publications OCEG Reviewed
BS31100 is a risk management standard published by British Standards Institute that provides advice and guidance on developing, implementing and maintaining proportionate and effective risk management. This Standard contains recommendations for frameworks, process and implementation.
Publication Date: October 22, 2008
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PCAOB Release No. 2008-006: Proposed Auditing Standards Related to the Auditor's Assessment of and Response to Risk; Proposed Conforming Amendments to PCAOB Standards (2008) resource National Regulations OCEG Reviewed
October 21, 2008 - The Public Company Accounting Oversight Board voted today to propose for public comment a suite of seven new auditing standards related to the auditor's assessment of and responses to risk and related conforming amendments.
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