Tag Archives: Oversight Issues

PCAOB Cooperates with Fins and French

State Board Report February 2013 The Public Company Accounting Oversight Board has announced cooperative agreements with the French High Council for Statutory Auditors and the Auditing Board of the Central Chamber of Commerce of Finland relating to the oversight of audit firms subject to the regulators in France and Finland. Both agreements were announced on…

COSO Framework ED Out

State Board Report February 2012 Comments on the “Internal Control-Integrated Framework” developed by COSO (the Committee of Sponsoring Organizations of the Treadway Commission) are due by March 31, 2012 (see COSO website). The new Framework builds on the original version, which was released in 1992. One of the enhancements of the new Framework is the…

Compliance Assurance Committee Seeks Transparency

State Board Report May 2008 The NASBA Compliance Assurance Committee (CAC) is continuing to monitor the American Institute of CPAs’ Facilitated State Board Access (FSBA) initiative, CAC Chair Mark P. Harris (LA) reported at the NASBA Board’s April meeting. The program is designed to increase transparency by giving state boards direct access to the peer…