- Views on Public Company Auditors: Audit Committee Member and Institutional Investor Research FindingsAs part of the CAQ’s efforts to engage a broader array of stakeholders and serve as a prominent voice for the audit profession, KRC Research conducted qualitative research in the format of in-depth interviews with Institutional Investors and Audit Committee Members of publicly traded companies. The research was designed to assess...June 5th, 2023
Publications, Audit Committee, Auditors, Investors, Policymakers, Anti-Fraud, Audit Quality, Auditor Independence, Emerging Reporting Areas, ESG, Non-GAAP - Continuing Your Digital Assets Journey: A Tool for Audit CommitteesCompanies continue to engage with digital assets and blockchain technology in a variety of ways, presenting new opportunities and risks for companies incorporating these assets into their business strategy. We also have seen increased calls for digital asset regulation amidst heightened concerns about fraud and misconduct related to digital assets....May 31st, 2023Publications, Audit Committee, Auditors, Company Management, Investors, Preparers/Issuers, Audit Quality, Emerging Reporting Areas, ESG, Non-GAAP
- The Role of Auditors in Non-GAAP Financial Measures and Key Performance Indicators: Present and FutureNon-GAAP financial measures are used by various stakeholders for several reasons, including valuing companies, determining executive compensation, and as a means of communicating a company’s individual story or business strategy. Similarly, key performance indicators (KPIs) are disclosed by management to provide additional insights into the company’s performance or operations. In...September 29th, 2020Publications, Auditors, Investors, Non-GAAP
- COVID-19 Considerations for Non-GAAP Financial Measures and Performance MetricsCOVID-19 COVID-19 Considerations for Non-GAAP Financial Measures and Performance Metrics Friday, April 17, 2020 Download PDF The COVID-19 pandemic and the related market conditions create many new uncertainties for public companies, auditors, investors and audit committees. As SEC Chair Jay Clayton recently recognized, the continuing operation of the US capital markets is...April 17th, 2020Publications, Auditors, Emerging Reporting Areas, Non-GAAP
- Non-GAAP Measures - What Do They Say About Fraud Risk?Video Non-GAAP Measures – What Do They Say About Fraud Risk? Wednesday, July 18, 2018 Featuring a panel of top experts, this July 2018 webcast from the Anti-Fraud Collaboration explored the potential implications for fraud risk when it comes to the use of financial measures, presented outside the audited financial statements, that do...July 25th, 2018Publications, Auditors, Anti-Fraud, Non-GAAP
- Non-GAAP Measures: A Roadmap for Audit CommitteesPublications Non-GAAP Measures: A Roadmap for Audit Committees Friday, March 16, 2018 Download PDF Presenting themes that emerged at a series of 2017 roundtables, Non-GAAP Measures: A Roadmap for Audit Committees provides a set of key considerations for audit committees, including leading practices to assess whether a company’s non-GAAP metrics present a balanced...March 12th, 2018Publications, Audit Committee, Auditors, Non-GAAP
- Non-GAAP Financial Measures: Continuing the ConversationPublications Non-GAAP Financial Measures: Continuing the Conversation Monday, December 5, 2016 Download PDF Non-GAAP Financial Measures: Continuing the Conversation explores the issue of non-GAAP information, providing context on its definition and use, pertinent regulatory developments, and the current level of auditor involvement. Additionally, the paper compiles sets of suggested questions for key stakeholder...December 1st, 2016Publications, Auditors, Non-GAAP
- Questions on Non-GAAP Measures: A Tool for Audit CommitteesPublications Questions on Non-GAAP Measures: A Tool for Audit Committees Tuesday, June 28, 2016 Download PDF Concerns and questions from regulators and investors have grown around the management’s presentation, outside the audited financial statements, of performance metrics that do not conform to Generally Accepted Accounting Principles (GAAP). Questions on Non-GAAP Measures: A Tool...June 27th, 2016Publications, Audit Committee, Auditors, Non-GAAP
The latest news and
resources from the CAQ.