- Comment Letter | PCAOB Firm Reporting ProposalIn this comment letter, the CAQ responds to the PCAOB’s Firm Reporting Proposal. Our letter expresses a number of comments and concerns regarding the reporting requirements included in the Proposal. Specifically, we are concerned that this Proposal will provide limited and uncertain benefits to stakeholders while exposing registered firms to significant...June 7th, 2024
Comment Letter, Academics, Auditors, Policymakers, Audit Quality - Comment Letter | IAASB’s Proposed International Standard on Auditing 240 (Revised): The Auditor's Responsibilities Relating to Fraud in an Audit of Financial StatementsThe CAQ is pleased to share our views related to the IAASB’s Proposed International Standard on Auditing 240 (Revised): The Auditor's Responsibilities Relating to Fraud in an Audit of Financial Statements. The CAQ is supportive of the IAASB’s efforts to clarify and enhance the auditor’s responsibilities relating to fraud in...June 6th, 2024Comment Letter, Auditors, Global
- Comment Letter | Proposing Release: Firm and Engagement Metrics; PCAOB Rulemaking Docket Matter No. 041; Proposing Release: Firm Reporting; PCAOB Rulemaking Docket Matter No. 055In this comment letter the CAQ formally requests that the Public Company Accounting Oversight Board (PCAOB or Board) extend the comment period for the PCAOB’s Proposing Releases, Firm and Engagement Metrics and Firm Reporting. We also recommend that the PCAOB delay sending the 19b-4 filing to the SEC on QC...May 22nd, 2024Comment Letter, Audit Committee, Auditors, Broker Dealers, Company Management, Policymakers, Preparers/Issuers, Audit Quality
- Comment Letter | PCAOB: AS 2405, A Company’s Noncompliance with Laws and RegulationsWe are pleased to submit the attached comment letter written in response to the PCAOB’s reopening of the comment period on its proposed Amendments to PCAOB Auditing Standards related to a Company’s Noncompliance with Laws and Regulations and Other Related Amendments and related roundtable briefing paper. This comment letter is a...March 20th, 2024Comment Letter, Audit Committee, Auditors, Policymakers, Anti-Fraud
- Comment Letter Analysis | CAQ Analysis of IAASB Going Concern Comment LettersOn April 26, 2023, the International Auditing and Assurance Standards Board (IAASB) issued for public comment an Exposure Draft, proposed International Standard on Auditing (ISA) 570 (Revised 202X), Going Concern. Comments were due August 24, 2023. The IAASB received 78 letters, primarily from accounting firms and accounting organizations. Who responded? In our analysis...March 13th, 2024Comment Letter, Academics, Auditors, Investors, Policymakers, Audit Quality
- Comment Letter | IAASB: Proposed International Standard on Sustainability Assurance 5000, General Requirements for Sustainability Assurance EngagementsThe CAQ is pleased to share our views related to the IAASB’s Proposed International Standard on Sustainability Assurance 5000, General Requirements for Sustainability Assurance Engagements. The CAQ is supportive of the IAASB’s efforts to develop a comprehensive, stand-alone standard suitable for any sustainability assurance engagements in order to enhance the...February 29th, 2024Comment Letter, Academics, Audit Committee, Auditors, Global, Policymakers, ESG
- Comment Letter | File Number SR-NYSE-2023-09; Notice of Filing of Proposed Rule Change to Amend the NYSE Listed Company Manual to Adopt Listing Standards for Natural Asset CompaniesThe CAQ appreciates the opportunity to share some high-level observations related to the Securities and Exchange Commission (SEC), Notice of Filing of Proposed Rule Change to Amend the NYSE Listed Company Manual to Adopt Listing Standards for Natural Asset Companies (Proposed Rule Change or Release). Our comments focus on the...November 9th, 2023Comment Letter, Audit Committee, Auditors, Company Management, Investors, Preparers/Issuers, Audit Quality, Auditor Independence, ESG
- Comment Letter Analysis | NOCLARIn June 2023, the Public Company Accounting Oversight Board (PCAOB) proposed amendments to its auditing standards related to a company’s noncompliance with laws and regulations, or NOCLAR for short. The proposed amendments garnered the attention of a diverse group of stakeholders, resulting in 139 individual comment letters. Several comment letters...November 9th, 2023Comment Letter, Academics, Audit Committee, Auditors, Broker Dealers, Company Management, Investors, Preparers/Issuers, Anti-Fraud, Audit Quality
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