PCAOB, Rule 3526, Communication with Audit Committees Concerning Independence (2008) resource National Regulations OCEG Reviewed
PCAOB Release No. 2008-003 April 22, 2008
The Public Company Accounting Oversight Board ("PCAOB" or "Board") is adopting an ethics and independence rule, Rule 3526, Communication with Audit Committees Concerning Independence, that will supersede the Board's interim independence requirement, Independence Standards Board Standard No. 1, Independence Discussions with Audit Committees ("ISB No. 1"), and two related interpretations.
Read more
Corporate Governance - King III report - Introduction and overview (PwC) resource Standards and Guidelines OCEG Reviewed
The release of King III (King Report on Corporate Governance for South Africa) report on 1 September 2009 represents a significant milestone in the evolution of corporate governance in South Africa and brings with it significant opportunities for organisations that embrace its principles. Documents on the site include:
Management Override of Internal Controls: The Achilles' Heel of Fraud Prevention (AICPA, 2005) resource White Papers OCEG Reviewed
The purpose of this document is to offer guidance to audit committees in addressing the risk of fraud through management override of internal control over financial reporting. By effectively overseeing management and addressing the risk of management override, audit committees increase the likelihood of preventing, deterring, and detecting fraudulent financial reporting.
Read more
SEC, PCAOB: Order Approving Proposed Ethics and Independence Rule 3526, Communication with Audit Committees Concerning Independence, Amendment to Interim Independence Standards, et al (2008) resource National Regulations OCEG Reviewed
Full Title: Order Approving Proposed Ethics and Independence Rule 3526, Communication with Audit Committees Concerning Independence, Amendment to Interim Independence Standards, and Amendment to Rule 3523, Tax Services for Persons in Financial Reporting Oversight Roles
Section 103(a) of the Act [Sarbanes-Oxley]directs the PCAOB to establish auditing and related attestation standards, quality control standards, and ethics standards to be used by registered public accounting firms in the preparation and issuance of audit reports as required by the Act or the ru
Read more
