State Audit Office of Vietnam

The International Auditing and Assurance Standards Board (IAASB) has released the exposure draft of proposed International Standard on Auditing (ISA) 600 (Revised), Special Considerations—Audits of Group Financial Statements (Including the Work of Component Auditors).

KPMG and one of its senior partners have been reprimanded and fined 455,000 pounds ($560,000) for failings in its audit of a U.K. company, the latest sanction against the Big Four auditor in recent years.

China’s second accounting scandal in less than a week is underscoring concern over lax corporate governance at some of the country’s fastest-growing companies.

The Office of the Comptroller General of the Republic of Peru (CGR), as a priority and in a timely manner, created the Emergency Management Group led by its Comptroller General, designing and implementing different strategies such as the "Mega Control Operation - Health Emergency 2020", through which it sets up control actions to the activities of public entities such as regional and local governments, hospitals, national police, among others. This has the goal of guiding and providing the main early warnings in the handling of the emergency, as well as to guide them with the documentation that they should have before any subsequent audit.