October 08, 2008

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CAE Bulletin

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Welcome to CAE Bulletin, a semimonthly newsletter published as a benefit of membership in The IIA’s Chief Audit Executive (CAE) Services Program. This newsletter features the latest in news and guidance designed to help CAEs respond to today’s business challenges and opportunities, with links to resources needed to stay current with the most pressing audit issues. Archived bulletins are available for reference when the need arises. If you would like to become a CAE Services Program member, click here.

In This Issue

Committee Adopts Final Report on Audit Profession
Advisers recommend ways to improve the performance and structure of the external audit practitioners and firms.

The IIA Previews Revised Standards
Standards update is the forerunner to new International Professional Practices Framework.

Credit Crisis Renews ERM Focus
As market conditions worsen, financial company executives are paying closer attention to enterprisewide risk.

IASB Proposes New IFRS Guidance
Two exposure drafts amend standards regarding first-time adopters and discontinued operations.

Report Advocates Centralized IFRS Approach
A “center of excellence” approach could reduce International Financial Reporting Standards costs.