What's Happening and When?

Whats coming and when


- December 3, 2008 - The Basel Committee on Banking Supervision published a paper on the quality of external audit and banking supervision entitled 'External audit quality and banking supervision'. The paper flags increased concerns over the risk of audit failures since the global expansion of larger auditors, paralleled by increasing complexity of accounting standards and financial instruments. The Committee says high-quality audits must match high-quality supervision. www.bis.org/publ

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