Alert CAQ ALERT #2019-01 – PCAOB REPORT ON 2018 INSPECTIONS OF BROKERS AND DEALERS Tuesday, August 27, 2019 On August 20, 2019, the PCAOB issued its Annual Report on the Interim Inspection Program Related to Audits of Brokers and Dealers (Annual Report). Consistent with prior years, the PCAOB observed that the percentage of...

Comment Letter IAASB: Exposure Drafts of Proposed International Standards on Quality Management Monday, July 1, 2019 Download PDF In this comment letter, the CAQ provides views to the International Auditing and Assurance Standards Board (IAASB) on exposure drafts for the following proposed standards: Proposed International Standard on Quality Management 1, Quality Management for Firms...

How Do You Build Trust? One Marble at a Time Thursday, January 10, 2019 Building trust in the capital markets isn’t just the province of big institutions, laws, or entities, says CAQ Executive Director Cindy Fornelli in this January 2019 LinkedIn Influencers post. “No less important are the day-to-day interactions by countless...

CAQ Framework Aims to Assist Accounting Firms Enhance Disclosures About Audit Quality Tuesday, January 8, 2019 Washington, DC – Enhanced disclosures, along with related metrics, can promote important dialogue and deepen the understanding of audit quality, according to a new resource published by the Center for Audit Quality (CAQ). The Audit Quality...

The Power of Working Together: A Retirement Reflection Monday, December 17, 2018 At the end of the 2018—and ahead of her announced retirement in the spring of 2019—Cindy Fornelli shared reflections in a LinkedIn commentary highlighting one overarching idea that connects many of her experiences over 12 years as the CAQ’s Executive...

CAQ Statement on the Appointment of Megan Zietsman as PCAOB Chief Auditor Thursday, December 13, 2018 Washington, DC – Center for Audit Quality (CAQ) Executive Director Cindy Fornelli issued the following statement on the appointment of Megan Zietsman as Chief Auditor at the Public Company Accounting Oversight Board (PCAOB): “The CAQ congratulates...

CAQ Tool Helps Audit Committees Address Emerging Tech’s Impact on Financial Reporting Wednesday, December 12, 2018 Washington, DC – A new resource from the Center for Audit Quality (CAQ), Emerging Technologies: An Oversight Tool for Audit Committees, provides a framework and questions audit committees may ask management and auditors to help inform...

Center for Audit Quality Update Monday, December 10, 2018 Cindy Fornelli Executive Director Center for Audit Quality December 10, 2018 AICPA Conference on Current SEC and PCAOB Developments Washington, DC As prepared for delivery Good morning, all, and thank you, Brad , for that kind introduction. And thank you to Barry for your insightful remarks, which were thought-provoking...