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    News and Articles on Audit Risks



    BLP Financial results for the period ended 30 June 2008  Aug 25, 2008
    au - The Sydney Morning Herald. News Store allows you to search Fairfax publications and ASX company announcements from 1990 to today. (Sydney Morning Herald)

    Jon Weston Joins Reliant Financial Consulting as Senior Vice President, Sales and Marketing  Jun 4, 2008
    Secondary Navigation. Reliant Financial Consulting, a boutique accounting and finance consulting firm based in Washington, DC, announces today that Jon Weston has joined the firm as Senior Vice President, Sales and Marketing. (Yahoo News -- Press Releases)

    Shell firms shielded US contractor from taxes  May 4, 2008
    "They are taking steps to reduce the audit risk," said H. David Rosenbloom, director of the International Tax Program at New York University Law School. "If there is concern about the classification [of workers], as there undoubtedly is, from the company's standpoint they are better off being in a foreign corporation.". (Boston Globe)

    Find the Best Way to File Your Taxes  Apr 1, 2008
    95 and came with an audit risk meter that analyzed their return before they filed and assessed the odds the IRS would come calling. Turbo Tax says as a whole, the IRS audits less than 1 percent of the people that file -- 0. (ABC News -- Business)

    Audit Red Flags: The Ones You Don't Want to Wave  Mar 18, 2008
    So, if you have a business, what can you do to reduce the audit risk ... With two owners, you'll become a partnership and file a partnership return with much less audit risk. (RealtyTimes)

    Top Post Office brass on the run  Mar 18, 2008
    Online Edition Powered By IOL. Johannesburg - The SA Post Office was haemorrhaging senior executives, with its human resources department being the worst affected, a source within the organisation told Business Report this week. (Business Report, South Africa)

    Land Bank's auditor threatens to quit  Mar 3, 2008
    In a letter to the minister and auditor-general Terence Nombembe, Ernst notes that it has been involved in "close monitoring" of the state-owned bank, which is designated as a high audit risk. The minister responded to the letter yesterday, saying that selections for a new chief executive and the new board - to replace the board that resigned last year - would be put to the cabinet next week. (Business Report, South Africa)

    Audit automation - has the paperless revolution finally arrived? By Paul Brace  Jan 22, 2008
    Such a framework should make it easier for audit teams to collate all the necessary information, evaluate business and audit risks and assess the controls they have in place, and then link all this to the procedures to be carried out during the audit. Extensive analytical review tools should be available to help ensure that throughout the process, maximum reliance can be placed on non-sampling audit evidence and hence reduce substantive sampling. (Accounting Web, UK)

    In-house audit ready for debate  Jan 3, 2008
    The rest of the board will take the next couple of weeks to study the Audit Risk Assessment prepared by district internal auditors Sickler, Torchia, Allen hill. To get the rest of the story every day, subscribe to The Daily Mail. (Catskill Daily Mail, NY)

    ACL to Present at MIS Audit & Governance Conference  Oct 20, 2007
    ACL to Present at MIS Audit nance Conference. ACL to Present at MIS Audit nance Conference. (PR Newswire)

    ACL to Present at the IIA All Star Conference in Las Vegas  Oct 19, 2007
    Audit thought-leaders back by popular demand VANCOUVER, B.C., Oct. 18 /PRNewswire/ -- Audit software provider ACL Services Ltd. is honored that Steve Biskie, Regional Executive has been chosen as a top speaker from The Institute for Internal Auditor's (IIA) 2006/2007 conference tour, and will present an encore at the IIA All Star Conference. The conference, happening in Las Vegas on October 22-24, features selected speakers who have been rated highest by attendees of IIA-sponsored events over... (PR Newswire)

    Rentcash releases Fourth Quarter and Year End Results  Sep 4, 2007
    QUICK SEARCH BY ORGANIZATION. FREE SUBSCRIPTION SERVICES. (Canada Newswire)

    Auditing the auditors Big Four still under fire. By Alan Shipman  Jul 11, 2007
    The AIU also notes that further work is required by all firms to implement fully the ISAs (UK and Ireland), especially in the areas of fraud and audit risk where these differ most from the ISAs (International Standards on Auditing) most currently use, issued by the International Auditing and Assurance Standards Board. With competition for skills causing increased movement of specialist staff between companies, the inspectors also draw attention to rules regarding conflict of interest. (Accounting Web, UK)

    Houston Small Business 71-100  Jun 16, 2007
    Members: Not Registered. for free extra services. (Houston Business Journal, TX)

    Tax Tactics: Wealthy, small biz get IRS scrutiny  Mar 2, 2007
    Tax-audit risk rises with your income - Tax Tactics - MSNBC.com ... Tax-audit risk rises with your income ... 3 million, for an average individual audit risk of about 1 in 100. (MSNBC -- Business)

    What are the chances you'll be audited?  Feb 25, 2007
    3 million, for an average individual audit risk of about 1 in 100. Not every audit means a "field" audit, a face-to-face meeting with an IRS agent. (Newsday -- Business)

    Hedge Funds Flee Tax Paradise in U.S. Virgin Islands, Hounded by the IRS  Jan 26, 2007
    Updated: New York, Jan 26 03:21 London, Jan 26 08:21 Tokyo, Jan 26 17:21. Hedge Funds Flee Tax Haven in Virgin Islands, Hounded by IRS. (Bloomberg)




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