OCEG One Minute Poll: Is Mandatory Audit Firm Rotation a Good Idea? December, 2011 resource OMP - One Minute Poll OCEG Reviewed
A short OCEG research poll on mandatory audit firm rotation
An Overview of International Financial Reporting Standards, Deloitte resource Tools / Templates OCEG Reviewed
International Accounting Standards (IASs) were issued by the IASC from 1973 to 2000. The IASB replaced the IASC in 2001. Since then, the IASB has amended some IASs and has proposed to amend others, has replaced some IASs with new International Financial Reporting Standards (IFRSs), and has adopted or proposed certain new IFRSs on topics for which there was no previous IAS.
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AICPA, Auditing Standards resource Private Lists / Directories OCEG Reviewed
AICPA website with links to the individual auditing standards: SAS1 etc,
The American Institute of Certified Public Accountants. Please read the copyright statement detailing usage restrictions.
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OCEG Internal Audit Guide resource Guides OCEG Reviewed
The OCEG Internal Audit Guide (OIAG) can be used by:
GRC Capability Assessment Workbook (Design Review Only) v2.1.1 resource Tools / Templates OCEG Reviewed
The GRC Capability Assessment Workbooks contain worksheets to use in conjunction with the OCEG Red Book and Burgundy Book when evaluating a planned GRC system or part thereof.
These tools help executives plan and conduct work to evaluate the design of their GRC capability or some aspect of the capability such as:
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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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.
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Model Audit Rule Implementation Guide (NAIC/AICPA, 2010) resource Books / Publications OCEG Reviewed
The NAIC/AICPA Working Group Executive Committee/Plenary has adopted as final the revisions to the Annual Financial Reporting Model Regulation (the Model Audit Rule). The proposed revisions relate to auditor independence, corporate governance, and internal control over financial reporting.
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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GAIT for Business and IT Risk (GAIT-R) (The IIA, 2008) resource White Papers OCEG Reviewed
Introduction: GAIT for Business and IT Risk (GAIT-R) is a methodology for identifying all the key controls that are critical to achieving business goals and objectives. GAIT-R identifies the critical aspects of IT that are essential to the management and mitigation of organizational risk, generically described in this document as business risk. These critical IT functionalities and their corresponding risks can then be considered when planning audit work.
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