Audit-is-cool is pleased to accumulate
and provide its readers with the news on audit and related topics:
September 21, 2015
Accounting Today
US: PCAOB Strikes Deal with Luxembourg
“This agreement with the Luxembourg audit
regulator reflects the strength and depth of our relationships in Europe.” – is
the statement of PCAOB Chairman James R. Doty when US
accounting and audit regulator, Public Company Accounting Oversight Board has entered
into a cooperative arrangement with Luxembourg’s audit regulator, the
Commission de Surveillance du Secteur Financier of Luxembourg. This is in
relation to the oversight of audit firms subject to the regulatory
jurisdictions of both regulators. Please follow link for details: http://www.accountingtoday.com/news/audit-accounting/pcaob-strikes-deal-with-luxembourg-75850-1.html
September 16, 2015
Accounting Today
Global: Demands Increase on Financial Service Internal
Auditors
“This latest report in the Common Body of
Knowledge series provides a provocative and in-depth look at modern financial
services internal auditing,” said Institute of Internal Auditors global
chairman Larry Harrington in a statement. “Its analysis provides real insight
into some of the most vexing challenges the profession will face as it meets
growing demands for services.” This is concerning the financial service industry
as pressures for internal auditors are growing quickly around the world. The
report examined the challenges facing the profession, identified regulatory
requirements, and technology risks or threats involved. Please follow link for
details: http://www.accountingtoday.com/news/audit-accounting/demands-increase-on-financial-service-internal-auditors-75803-1.html
September 3, 2015
Computer Business Review
Top 5 IT Security Audit Questions
The CBR Online recently featured in their
Cybersecurity/Business segment, the most common audit compliance questions
asked by external IT auditors to determine whether a company is able to
safeguard its most valuable assets.
They are, as follows:
- Do you have a documented security policy?
- Are access privileges in your organisation granted adequately?
- What methods do you use to protect your data?
- Do you have a disaster recovery plan?
- Are your employees familiar with existing security procedures and policies?
Please follow link for details: http://www.cbronline.com/news/cybersecurity/business/top-5-it-security-audit-questions-4661821
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