Archive for October 3rd, 2011

3 October 2011: Audit alert on audit risks in certain emerging markets

This item was filled under Accounting

The US Public Company Accounting Oversight Board (PCAOB) has issued a Staff Audit Practice Alert to discuss the auditor’s responsibilities regarding the risk of fraud when auditing companies with operations in emerging markets.

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3 October 2011: Hans Hoogervorst addresses Economic and Monetary Affairs (ECON) Committee of the European Parliament

This item was filled under Accounting

In a recent address to the ECON Committee of European Parliament, the IASB chairman, Hans Hoogervorst, discussed two main topics: the importance of the IASB’s relationship with Europe and his observations on the role of accounting standards and the fin…

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