Audit huddles as a tool to control over-and under-auditing tendencies: Part one of two

Article Abstract:

The auditors and audit organizations face difficulties in determining whether they are over or under-auditing and need to utilize the available resources to get the optimal audit coverage and require using their professional judgment to avail the best out of their individual efforts. The three perspectives to be kept in mind for influence of the overall policy of the audit organization and the impact of audit huddles in maximizing the impact while pondering over the issue of over- and under-auditing are described.

Accounting, auditing, & bookkeeping, Accounting & Auditing Services, Accounting, Tax Preparation, Bookkeeping, and Payroll Services, Management, Auditing, Accounting firms, Accounting services, Company business management

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Fraud in New Zealand Government-despite auditor general's warning

Article Abstract:

The details of "serious" frauds committed in the Ministry of Social Development in New Zealand, which are to be investigated by the Serious Fraud Office (SFO) are mentioned. It also informs us the functioning and relationship between government entities and the NZ auditor general and serious fraud office.

Legal issues & crime, New Zealand, Company legal issue, Investigations, Administrative agencies, Government agencies, Fraud investigation

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Auditing in the terrorism era

Article Abstract:

The professional responsibilities that auditors need to maintain for public interest, high degree of integrity, objectivity and independence are discussed. The auditors' public interest is the collective well being of the community people and entities the auditors serve.

Product standards, safety, & recalls, Police Protection, Terrorist Control, Security Mgmt-Kidnapping & Terrorism, Standards, Usage, Prevention, Materials, Terrorism, Radioactive substances, Dirty bombs

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