Current Issues in Auditing http://scitation.aip.org/ Current Issues in Auditing Addressing the Accounting and Auditing Faculty Shortage: Practitioners' Perceptions of Academia http://link.aip.org/link/?CIA/5/A70/1&agg=rss Douglas M. Boyle, Dana R. Hermanson, and Michael O. Mensah<br/> SUMMARY: To provide greater insight into the potential to attract practitioners into academic accounting and auditing careers, we interviewed 30 current practitioners in public accounting or industry to examine their perceptions of academic careers. We find that most interviewees have considered an ... [Current Issues in Auditing 5, A70 (2011)] published Mon Aug 1, 2011. Editorial Policy http://link.aip.org/link/?CIA/5/i/1&agg=rss <br/> Abstract not available. [Current Issues in Auditing 5, i (2011)] published Tue Jul 19, 2011. Additional Journal Content http://link.aip.org/link/?CIA/5/iv/1&agg=rss <br/> Abstract not available. [Current Issues in Auditing 5, iv (2011)] published Tue Jul 19, 2011. Comments by the Auditing Standards Committee of the Auditing Section of the American Accounting Association on the PCAOB Rulemaking Docket Matter No. 028: PCAOB Release No. 2010-003, Proposed Auditing Standard Related to Confirmation and Related Amendments to PCAOB Standards http://link.aip.org/link/?CIA/5/C28/1&agg=rss Randal J. Elder, James L. Bierstaker, Paul Caster, and Diane Janvrin<br/> Abstract not available. [Current Issues in Auditing 5, C28 (2011)] published Wed Jun 29, 2011. New Leadership Tracks in Accounting Firms: An Alternative to the Partnership http://link.aip.org/link/?CIA/5/A39/1&agg=rss Elizabeth Dreike Almer, Margaret Lightbody, Louise E. Single, and Barbara Vigilante<br/> SUMMARY: Public accounting careers traditionally have followed an up or out progression from staff to senior to manager to senior manager to partner. Recent American Institute of Certified Public Accountants (AICPA) data suggest that senior managers increasingly are promoted to non-equity post-senio ... [Current Issues in Auditing 5, A39 (2011)] published Tue Jun 28, 2011. Original and Revised Auditor Fee Data http://link.aip.org/link/?CIA/5/A54/1&agg=rss Rebecca L. Rosner and Ariel Markelevich<br/> SUMMARY: A significant number of companies report revised auditor fees (audit, nonaudit services, and total) in subsequent Securities and Exchange Commission (SEC) filings. We find that, on average, revised audit fees and total fees are significantly higher, and nonaudit services (NAS) fees are sign ... [Current Issues in Auditing 5, A54 (2011)] published Tue Jun 28, 2011. Comments by the Auditing Standards Committee of the Auditing Section of the American Accounting Association on the Securities and Exchange Commission Proposed Rules for Implementing the Whistleblower Provisions of Section 21F of the Securities Exchange Act of 1934 http://link.aip.org/link/?CIA/5/C16/1&agg=rss Eileen Taylor, James Bierstaker, and Joseph Brazel<br/> SUMMARY: Recently, the Securities and Exchange Commission (SEC or Commission) proposed rules and forms to implement Section 21F of the Securities Exchange Act of 1934 (Exchange Act), entitled Securities Whistleblower Incentives and Protection, and sought comment thereon. The Dodd-Frank Wall Street R ... [Current Issues in Auditing 5, C16 (2011)] published Mon Jun 27, 2011. Fraudulent Tax Refunds: The Notorious Career of Harriette Walters http://link.aip.org/link/?CIA/5/A23/1&agg=rss Philip F. Jacoby, Sebastian Lorigo, and Brent T. McCallum<br/> SYNOPSIS: Harriette Walters embezzled more than $48 million from the District of Columbia by processing fraudulent real estate tax refunds. This paper describes the Walters scheme and discusses, from the perspective of the COSO framework, internal control weaknesses that enabled the fraud to go unde ... [Current Issues in Auditing 5, A23 (2011)] published Mon Jun 27, 2011. Comments by the Auditing Standards Committee of the Auditing Section of the American Accounting Association on the Proposed International Standards on Auditing Revisions to ISA 315 and ISA 610 http://link.aip.org/link/?CIA/5/C8/1&agg=rss James Bierstaker, Lawrence Abbott, Paul Caster, Susan Parker, and Philip Reckers<br/> Abstract not available. [Current Issues in Auditing 5, C8 (2011)] published Mon Jun 27, 2011. Comments by the Auditing Standards Committee of the Auditing Section of the American Accounting Association on the PCAOB Rulemaking Docket Matter No. 31: PCAOB Release No. 2010-005, Application of the Failure to Supervise Provision of the Sarbanes-Oxley Act of 2002 and Solicitation of Comment on Rulemaking Concepts http://link.aip.org/link/?CIA/5/C11/1&agg=rss Joseph Brazel, James Bierstaker, Paul Caster, and Brad Reed<br/> SUMMARY: Recently, the Public Company Accounting Oversight Board (PCAOB or Board) issued a release to address, in two ways, issues relating to the responsibilities of a registered public accounting firm and its supervisory personnel with respect to supervision. First, the release reminds registered ... [Current Issues in Auditing 5, C11 (2011)] published Mon Jun 27, 2011. Increasing Transparency: A Prototype of the Nonpublic Portions of PCAOB Large-Firm Inspection Reports http://link.aip.org/link/?CIA/5/A1/1&agg=rss Rachael J. Evans, Ronald S. Boster, and Bill Gradison<br/> SUMMARY:The SarbanesOxley Act of 2002 created the Public Company Accounting Oversight Board (PCAOB) and requires it to conduct annual inspections of accounting firms that regularly provide audit reports for more than 100 public companies (issuers). Certain information in these reports is, by law, no ... [Current Issues in Auditing 5, A1 (2011)] published Wed Feb 9, 2011. Comments by the Auditing Standards Committee of the Auditing Section of the American Accounting Association on the European Commission Green Paper on Audit Policy: Lessons from the Crisis http://link.aip.org/link/?CIA/5/C1/1&agg=rss Joseph F. Brazel, James L. Bierstaker, Jong-Hag Choi, Steven M. Glover, and Linda A. Myers<br/> SUMMARY: On October 13, 2010, the European Commission (EC) launched a broad consultation on the role of statutory audit as well the wider environment within which audits are conducted. In the wake of the financial crisis, the EC asked whether the role of auditors can be enhanced to mitigate any new ... [Current Issues in Auditing 5, C1 (2010)] published Thu Dec 23, 2010. Additional Journal Content http://link.aip.org/link/?CIA/4/ix/1&agg=rss <br/> Abstract not available. [Current Issues in Auditing 4, ix (2010)] published Wed Nov 24, 2010. Editorial Policy http://link.aip.org/link/?CIA/4/vi/1&agg=rss <br/> Abstract not available. [Current Issues in Auditing 4, vi (2010)] published Wed Nov 24, 2010. Editor's Report http://link.aip.org/link/?CIA/4/i/1&agg=rss <br/> Abstract not available. [Current Issues in Auditing 4, i (2010)] published Wed Nov 24, 2010. Suggested Priorities for the PCAOB: A Statement at the Inaugural Meeting of the PCAOB's Investor Advisory Group http://link.aip.org/link/?CIA/4/A1/1&agg=rss Joseph V. Carcello<br/> SUMMARY: In advance of the May 4 2010, inaugural meeting of the PCAOB's Investor Advisory Group (IAG), I was asked (as were the other members of the IAG) to list the five items that I believe should be the PCAOB's top priorities. My five items included (1) prioritizing inspections of foreign registe ... [Current Issues in Auditing 4, A1 (2010)] published Mon Sep 27, 2010. Comments by the Auditing Standards Committee of the Auditing Section of the American Accounting Association on IIA's Exposure Draft of 2010 International Standards for the Professional Practice of Internal Auditing http://link.aip.org/link/?CIA/4/C1/1&agg=rss James Bierstaker, Lawrence Abbott, and Susan Parker<br/> SUMMARY: Recently, the Institute of Internal Auditor's (IIA) Internal Audit Standards Board (IASB) conducted a comprehensive review of the International Standards for the Professional Practice of Internal Auditing (Standards). The IIA proposed changes to some of the Standards and also recommended ne ... [Current Issues in Auditing 4, C1 (2010)] published Wed Sep 8, 2010. Other Content http://link.aip.org/link/?CIA/4/i/1&agg=rss <br/> Abstract not available. [Current Issues in Auditing 4, i (2010)] published Mon Jun 28, 2010. The PCAOB's First Seven Years: A Retrospection http://link.aip.org/link/?CIA/4/A9/1&agg=rss Bill Gradison and Ron Boster<br/> SUMMARY: The Public Company Accounting Oversight Board (PCAOB) turned seven years old in January 2010. Up until that date, it had spent more than three-quarters of a billion dollars of compulsory fees paid predominantly by larger public companies (issuers) to finance the specific mandate given it by ... [Current Issues in Auditing 4, A9 (2010)] published Tue Jun 15, 2010. Improving Transparency and Relevance of Auditor Communications with Financial Statement Users http://link.aip.org/link/?CIA/4/A1/1&agg=rss Jerry L. Turner, Theodore J. Mock, Paul J. Coram, and Glen L. Gray<br/> SUMMARY: Recent SASs (e.g., SAS No. 114 (AICPA 2006b) and SAS No. 115 (AICPA 2008a)) expand required and optional communications from auditors to their clients. Given that some state laws likely allow stockholders to request access to those communications, and given that the ASB and the IAASB curren ... [Current Issues in Auditing 4, A1 (2010)] published Thu Jun 10, 2010. Auditing Standards Committee Comment Letter PCAOB Rulemaking Docket Matter No. 026: Re-Proposed Auditing Standards Related to the Auditor's Assessment of and Response to Risk; Proposed Conforming Amendments to PCAOB Standards http://link.aip.org/link/?CIA/4/C27/1&agg=rss James Bierstaker, Joseph Brazel, Steven Glover, Ed O'Donnell, Randal J. Elder et al. Participating Committee Members<br/> Abstract not available. [Current Issues in Auditing 4, C27 (2010)] published Wed Jun 9, 2010.