IESBA Offers Web-based Ethics Code for Accountants 

 

The International Ethics Standards Board for Accountants has introduced a Web-based version of its Code of Ethics for Professional Accountants for the first time.

 

 

Accountants Increasingly Use Data Analysis to Catch Fraud; Auditors Wield Mathematical Weapons to Detect Cheating 

 

When a team of forensic accountants began sifting through refunds issued by a national call center, something didn’t add up: There were too many fours in the data. And it was up to the accountants to figure out why.

 

 

Audit Firm Rotation Leading to Lower Audit Fees in Europe 

 

The Public Company Accounting Oversight Board is finding that the push toward mandatory audit firm retendering and rotation is leading to lower audit fees in Europe, sparking audit quality concerns.

 

 

Watchdog to shame worst bank auditors 

 

THREE banks and three auditors have failed a set of tests set by the Financial Reporting Council (FRC), which reviewed their audits, it said today.

 

 

IASB Expands Outreach to Investment Firms 

 

The International Accounting Standards Board has launched a new program in tandem with some of the largest financial firms in a bid to elicit closer ties with investors and investment firms.