Tag Archives: Auditing Profession

Murray Sees Liability Concern

State Board Report October 2009 While 40 years ago there was minimal audit liability risk, there has been a dramatic acceleration of audit liability costs in the western world, with risk having reached 15 percent of audit revenues, Richard H. Murray, chief claims strategist of Swiss Re, told the FIAR attendees. He stated the shared…

Advisory Committee on the Auditing Profession: Draft Final Report

September 26, 2008 This document contains the Draft Final Report of the Advisory Committee on the Auditing Profession to the U.S. Department of the Treasury. See Full Document:Draft Final Report

NASBA’s Letter to the Department of Treasury Advisory Committee on the Auditing Profession 6/29/08

June 29, 2008 NASBA comments to the Advisory Committee on the Auditing Profession (“Advisory Committee”) on the preliminary recommendations of its subcommittees. NASBA’s mission is to increase the effectiveness of State Boards of Accountancy. In furtherance of that goal, NASBA offers the comments in the document below on the preliminary recommendations. See Full Document:NASBA Letter…

2008 Regional Meetings, Gaylen R. Hansen, Advisory Committee on the Auditing Profession

June 12, 2008 Committee Charge The Treasury Department established the Advisory Committee on the Auditing Profession to examine the sustainability of a strong and vibrant auditing profession. The Committee will consider, among other things, the auditing profession’s ability to cultivate, attract, and retain the human capital necessary to meet developments in the business and financial…