Center for Audit Quality Survey Finds Majority of Nation’s Investors Support Sarbanes-Oxley, Believe Rules Mandate By Act Should Not Be Eased Saturday, July 28, 2007 ~~Findings Released In Conjunction With Law’s Fifth Anniversary ~~ Washington, D.C. – Expressing confidence in the capital markets and audited financial information, two-thirds of investors would be concerned...

CAQ Supportive of PCAOB’s New Reporting Rules Tuesday, June 10, 2008 Washington, D.C. — The Center for Audit Quality issued the following statement by Executive Director Cindy Fornelli in response to the Public Company Accounting Oversight Board’s (PCAOB) adoption of rules for annual and special reporting of information and events by accounting...

Investor Confidence in U.S. Capital Markets Declines Due To Energy Costs, Weak Dollar and Home Foreclosures Wednesday, July 30, 2008 ~~ Yet three-quarters are confident investing in public companies, according to CAQ’s 2nd Annual Investor Survey ~~ Washington, D.C. — Although investors are less confident in the U.S. capital markets than they were...

Center for Audit Quality Reacts to SEC’s “Mark-to-Market” Accounting Report Wednesday, December 31, 2008 Washington, D.C. — The Center for Audit Quality (CAQ) issued the following statement from Executive Director Cindy Fornelli in reaction to the Securities and Exchange Commission’s (SEC) report and recommendations regarding “mark-to-market” accounting: “I am pleased to see...

CAQ’s New “Guide to Public Company Auditing”: An Overview of Audit Processes, Participants and Issues Wednesday, May 6, 2009 Washington, D.C. – The Center for Audit Quality (CAQ) today released a new resource that illustrates for capital market stakeholders the vital role public company auditors play in providing transparency in the markets. The...

CAQ Reacts to U.S. Supreme Court’s Decision Regarding PCAOB’s Constitutionality Monday, June 28, 2010 Washington, D.C. — The Center for Audit Quality (CAQ) issued the following statement by Executive Director Cindy Fornelli regarding the U.S. Supreme Court’s decision regarding the constitutionality of the Public Company Accounting Oversight Board (PCAOB): “The CAQ is pleased...

CAQ Reacts to SEC’s SOX Section 404(b) Study Monday, April 25, 2011 Washington, D.C. – The Center for Audit Quality (CAQ) issued the following statement from Executive Director Cindy Fornelli regarding the U.S. Securities and Exchange Commission’s (SEC) Study and Recommendations on Section 404(b) of the Sarbanes-Oxley Act of 2002 For Issuers...

CAQ Comments on PCAOB’s Public Roundtable on the Auditor’s Reporting Model Thursday, September 15, 2011 Washington, D.C. – The Center for Audit Quality (CAQ) issued the following statement from Executive Director Cindy Fornelli regarding the Public Company Accounting Oversight Board’s (PCAOB) public roundtable on possible changes to the auditor’s reporting model: “The CAQ...