- Ladies First: Recognizing Accounting Trailblazers for Women’s History MonthThis Women’s History Month, how are you reflecting on the women trailblazers in accounting who came before us? Hello, I’m Kecia Williams Smith, an Associate Professor at North Carolina Agricultural and Technical State University where I lead the Master of Accountancy (MACC) Program and the Center for Accounting Diversity. As a...March 15th, 2024
Blog Post, Talent - 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
- Audit Committees Prioritize Cybersecurity, Enterprise Risk Management in New SurveyTwo-thirds of audit committee members see opportunities to improve effectiveness, according to Deloitte, Center for Audit Quality Survey NEW YORK, March 12, 2024 —The “Audit Committee Practices Report: Common Threads Across Audit Committees,” a joint effort between Deloitte’s Center for Board Effectiveness and the Center for Audit Quality (CAQ), identified cybersecurity as...March 12th, 2024Audit Committee, Auditors, Company Management, Investors, Policymakers, Audit Quality, Emerging Reporting Areas, Press Releases
- Breaking Down the New SEC Climate-Related Disclosure RulesThe SEC has adopted new climate-related disclosure rules. The Center for Audit Quality and Anita Chan, who played an active role in the development of the proposed rule, will be breaking down the new rules in this informative session and answering questions such as: What will companies need to disclose? What are...March 11th, 2024Event, Video, Audit Committee, Auditors, Investors, Preparers/Issuers, ESG
- Statement on the PCAOB’s NOCLAR Roundtable EventTransparency and accountability are pillars of effective public policy development. Unfortunately, the roundtable that the PCAOB held this week on its proposal related to company noncompliance with laws and regulations (NOCLAR) failed to live up to these principles. Specifically, the roundtable failed to address the concerns outlined in 78% of...March 6th, 2024Audit Committee, Auditors, Anti-Fraud, Statements
- Statement of Support for the SEC’s Final Rule on Climate-Related DisclosuresThe Center for Audit Quality (CAQ) supports the SEC’s vote to adopt a final rule that will bring clarity, consistency and comparability to company-reported climate information and will require assurance over certain aspects of this information. In adopting the final rule, the SEC has recognized the valuable role that assurance...March 6th, 2024Audit Committee, Investors, Policymakers, Emerging Reporting Areas, ESG, Statements
- Public Policy and Technical Alert | February 2024As part of the Center for Audit Quality’s (CAQ) ongoing effort to keep members and stakeholders informed on significant public policy and accounting matters, we are pleased to offer the Public Policy and Technical Alert (PPTA). Each month, the PPTA highlights and examines the regulatory, standard-setting, legislative, and broader financial...March 6th, 2024Newsletter, Auditors, PPTA
- Audit Insider | February/March 2024Welcome back, Audit Insiders. And welcome to the first 2024 edition of my newsletter (thanks for bearing with me as I took a break over the holidays). 2024 is off to a busy start for the public company audit profession. As auditors are busy completing year end audits, regulators and standard-setters...March 4th, 2024Newsletter, Auditors
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