In this comment letter, the CAQ provides views to the IAASB related to its request for comment on its Proposed International Standard on Auditing 570 (Revised 202X) Going Concern and Proposed Conforming and Consequential Amendments to Other ISAs. The CAQ appreciates the work of the IAASB staff and the Board in...

  Comment Letter IAASB Audit Evidence Comment Letter Friday, April 21, 2023 Download PDF In this comment letter, the CAQ provides views to the IAASB related to its request for comment on its Proposed International Standard on Auditing 500 (Revised) Audit Evidence and Proposed Conforming and Consequential Amendments to Other ISAs.  The CAQ supports the...

PwC’s Tim Ryan Tapped to Lead CAQ Governing Board Tuesday, March 1, 2022 Washington DC, March 1, 2022 – Tim Ryan, US Senior Partner and Chair, PwC, has been elected Chair of the Center for Audit Quality’s (CAQ) Governing Board, effective February 28, 2022. The CAQ’s Governing Board is comprised of chief executive...

Statement Statement of Support for the International Sustainability Standards Board (ISSB) Wednesday, November 3, 2021 Washington, DC, November 3, 2021 –The public company auditing profession has long acknowledged the value of climate and other ESG disclosures to investors. A globally accepted system for corporate sustainability disclosure standards can help decision making through reliable...

Comment Letter PCAOB Proposed Rule Governing Board Determinations Under the Holding Foreign Companies Accountable Act Monday, July 12, 2021 In this comment letter, the CAQ provides views to the PCAOB related to its Proposed Rule Governing Board Determinations Under the Holding Foreign Companies Accountable Act (HFCAA). The proposed rule provides a framework for...

Comment Letter IAASB: Exposure Draft of Proposed International Standard on Audits of Group Financial Statements Friday, October 2, 2020 Download PDF In this comment letter, the CAQ provides views to the International Auditing and Assurance Standards Board’s (IAASB) Exposure Draft, International Standard on Auditing (ISA) 600 (Revised),Special Considerations—Audits of Group Financial Statements...

Understanding Cybersecurity and the External Audit in the COVID–19 Environment Friday, July 24, 2020 Download PDF The COVID-19 pandemic and the related market conditions create many new uncertainties for auditors, audit committees, investors and management of public companies. As SEC Chair Jay Clayton recently recognized, the continuing operation of the US capital...

Video Profession in Focus: Communicating the Commitment to Audit Quality Tuesday, October 1, 2019 This edition of Profession in Focus features Christopher Tower, National Assurance Managing Partner for Audit Quality and Professional Practice at BDO USA LLP. Tower provides an overview of the many ways that BDO communicates the firm’s strong commitment to...