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• Element 18

  - 2008-09-01

  ACA introduces data security element to PPMS program In October, ACA will unveil a newly enhanced Professional Practices Management System PPMS program and the brand new 18th element focusing on physical and data security. The changes to the program will affect all agencies currently working toward certification, as...

  Tags: agency, audit, Australian Communications Authority, FINANCE, MARKETING, QA, SAS Institute

• SAS 82's Effects on Fraud Discovery

  BNET - 2003-01-01

  Issued in 1997, SAS 82, Consideration of Fraud in a Financial Statement Audit, attempted to address certain perceived shortcomings of the audit process and audit quality. The auditing profession should carefully consider whether SAS 82's implementation meets its objectives and investigate its impact on the audit process. The authors' research...

  Tags: Audit, SAS Institute, SAS 82, Financial Accounting, Finance

• Understanding SAS No. 89, Audit Adjustments

  BNET - 2003-01-01

  It makes so much sense. So why wasn't it thought of before? Place the responsibility for not making proposed audit adjustments where it clearly belongs, on client management, and, in the case of public companies, bubble-up the knowledge of any adjustments management chooses not to make to the audit committee....

  Tags: Audit, SAS Institute, Financial Accounting, Finance

• Due professional care in cases of high engagement risk

  - 2002-12-01

  Surveying a perilous environment In Brief Audit lessons from Andersen and Enron The Enron-Andersen debacle makes for a case study on exercising due professsional care on high-risk audit engagements. Auditing issues that the lawon case highlights include going-concern assessments: related-party disclosures;...

  Tags: accounting, Andersen Consulting, audit, auditing, Enron Corp., FINANCE, financial, SAS Institute, SEC

• New Guidance on Audit and Attest Documentation

  BNET - 2002-11-01

  Statement on Auditing Standards SAS 96 expands guidance for audit documentation. In particular, the new SAS identifies six factors that the auditor should consider when determining the quantity, type, and content of audit documentation. The new SAS reiterates that audit documentation serves to provide principal support for the auditor's report...

  Tags: Audit, SAS Institute, Audit Documentation, Financial Accounting, Finance

• Two Proposed Exposure Drafts on ASB's April 2002 Agenda

  BNET - 2002-04-01

  The article is about the Auditing Standards Board ASB discussing two proposed exposure drafts and issuing them as exposure drafts. It explains about the amendment to SAS No. 50,"Reports on the Application of Accounting Principles" to prohibit an accountant from providing a written report on the application of accounting principles...

  Tags: Audit, Auditing, SAS Institute, AICPA, Financial Accounting, Finance

• Auditor Communication in an Evolving Environment: Going Beyond SAS 600 Auditor's Reports on Financial Statements

  BNET - 2000-12-14

  In 1993 the Auditing Practices Board issued an expanded audit report, SAS 600 Auditors' Reports on Financial Statements, in an attempt to educate users and reduce their misunderstandings in respect of certain matters pertaining to the audit function. This paper investigates the extent to which the new audit report, SAS...

  Tags: Audit, Financial, Environment, Financial Statement, SAS Institute, University Of Wales Swansea, Financial Accounting, Financial Statements, Finance

• Infonet passes third annual SAS 70 audit; Deloitte & Touche completed independent assessment of company operations and network security; Infonet receives "clean opinion" for third straight year.

  - 2000-06-23

  M2 PRESSWIRE-23 June 2000-INFONET: Infonet passes third annual SAS 70 audit; Deloitte & Touche completed independent assessment of company operations and network security; Infonet receives "clean opinion" for third straight year C1994-2000 M2 COMMUNICATIONS LTD RDATE:23062000 El Segundo, CA...

  Tags: audit, Deloitte Touche Tohmatsu, FINANCE, Infonet, network, SAS Institute, security

• Audit committees in an era of increased scrutiny

  - 2000-06-01

  The supercommittee to save corporate America In Brief More Important than Ever Concern over the quality of public companies' financial reporting is nothing new. What has changed is the amount of attention that regulators give to audit committees and their relationship with auditors,...

  Tags: audit, FINANCE, financial, SAS Institute, SEC

• Audit Committee Communications — SAS No. 90

  BNET - 2000-01-01

  The article is about the recommendations for strengthening the independence of audit committees and making them more effective by Blue Ribbon Committee on Improving the Effectiveness of Corporate Audit Committees BRC. Two of the recommendations suggest changes to generally accepted auditing standards. Because of the BRC's recommendations, the Auditing Standards...

  Tags: Audit, Auditing, SAS Institute, Financial Accounting, Finance