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The Auditing Section of the American
Accounting Association gives greater attention to the area of auditing via
objectives in three areas:
Education: To discuss, test and disseminate various ways
of teaching auditing and audit-related topics.
Research: To encourage, facilitate, and publicize research interest and projects in the audit area.
Practice: To create an opportunity for closer association between the profession and those who instruct in the field.
In all of these objectives, auditing is defined in the broadest sense and is not limited solely to public accounting.
Auditing Section initiates new online journal —
COSO Issues Guidance on Monitoring Internal Controls
The Committee of Sponsoring Organizations of the Treadway Commission (COSO) has recently issued its Guidance on Monitoring Internal Control Systems. This business guidance more fully develops the monitoring component of the Internal Control - Integrated Framework to assist companies in ensuring the effectiveness of their financial, operational, and compliance-related internal controls. The guidance consists of three volumes (Guidance; Application; and Examples). An overview of the guidance can be downloaded for free and the three Volume set can be purchased from COSO’s website www.coso.org.
Read the press release...
KPMG Continues Generous Support
The Auditing Section is pleased to announce KPMG Foundation
will extend its financial support for the Section's Mid-Year Conference and
Auditing Section Doctoral Consortium for 2007, 2008, and 2009. The KPMG
Foundation provides up to $45,000 of funding in support of the Mid-Year
Conference over a three year period, generally in the amounts approximating
$15,000 per year. The funding commitment for the Doctoral Consortium is $11,000
per year for each of three years. This generous financial commitment made by the
KPMG Foundation has been a significant factor in ensuring the success of the
Section's Mid-Year Conference.
Read more about this.
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