- CAQ Provides Lessons Learned from Dry Runs on Critical Audit MattersCAQ Provides Lessons Learned from Dry Runs on Critical Audit Matters Monday, December 10, 2018 Washington, DC – Robust communication and planning will be required to effectively determine and communicate critical audit matters (CAMs) in the updated auditor’s report, according to a new resource from the Center for Audit Quality (CAQ). The...December 7th, 2018
Audit Committee, Auditors, Global, Investors, Policymakers, Preparers/Issuers, Press Releases - Strengthening Market IntegrityStrengthening Market Integrity Monday, November 5, 2018 “One of the more extraordinary examples of dedication to integrity that I’ve witnessed has come from corporate directors and, more specifically, audit committees,” writes CAQ Executive Director Cindy Fornelli in this November 2018 Linkedin Influencer post. Fornelli discusses the encouraging five-year trends shown in the...November 5th, 2018Audit Committee, Auditors, Global, Investors, Policymakers, Preparers/Issuers, Speeches and Commentary
- IAASB: Exposure Draft, Proposed International Standard on Auditing 315 (Revised)Comment Letter IAASB: Exposure Draft, Proposed International Standard on Auditing 315 (Revised) Friday, November 2, 2018 Download PDF In this letter, the CAQ provides input on the International Auditing and Assurance Standards Board (IAASB) Proposed International Standard on Auditing (ISA) 315 (Revised), Identifying and Assessing the Risks of Material Misstatement and Proposed Consequential...November 2nd, 2018Comment Letter, Auditors, Global, Policymakers, Audit Quality
- Cybersecurity: Three Dynamics Working in Our FavorCybersecurity: Three Dynamics Working in Our Favor Wednesday, October 3, 2018 In the face of grim cybersecurity realities, “it’s easy to get discouraged, if not overwhelmed,” writes CAQ Executive Director in this LinkedIn post to mark and celebrate National Cybersecruity Awareness Month. Fornelli urges readers to remember positive cybersecurity dynamics at work...October 3rd, 2018Audit Committee, Auditors, Global, Investors, Policymakers, Preparers/Issuers, Cybersecurity, Speeches and Commentary
- People Are the Foundation of the Auditing ProfessionPeople Are the Foundation of the Auditing Profession Thursday, September 6, 2018 “The true foundation of the auditing profession is–and always will be–people,” writes CAQ Executive Director in this September 2018 Linkedin Influencer post. Fornelli discusses the auditing profession’s efforts to reinforce this foundation, including the annual #AuditorProud social media blitz. Read the...September 6th, 2018Academics, Auditors, Global, Policymakers, Speeches and Commentary
- CAQ Alert #2018-04 - Broker's and Dealer's Use of a Service OrganizationAlert CAQ Alert #2018-04 – Broker’s and Dealer’s Use of a Service Organization Wednesday, August 22, 2018 Download PDF CAQ Alert #2018-04 – Broker’s and Dealer’s Use of a Service Organization focuses on the use of service organizations, as this is an area that can require significant auditor judgment when planning and performing...August 21st, 2018Alert, Auditors, Broker Dealers, Global
- CAQ Alert #2018-03 - PCAOB Report on 2017 Inspections of Brokers and DealersAlert CAQ Alert #2018-03 – PCAOB Report on 2017 Inspections of Brokers and Dealers Tuesday, August 21, 2018 Download PDF On August 20, 2018, the PCAOB issued its Annual Report on the Interim Inspection Program Related to Audits of Brokers and Dealers (Annual Report). Consistent with prior years, audit and attestation deficiencies were...August 21st, 2018Alert, Auditors, Broker Dealers, Global
- IESBA: Professional Skepticism - Meeting Public ExpectationsComment Letter IESBA: Professional Skepticism – Meeting Public Expectations Wednesday, August 15, 2018 Download PDF In this August 2018 comment letter, the CAQ provides input on a Consultation Paper, “Professional Skepticism – Meeting Public Expectations,” from the International Ethics Standards Board for Accountants (IESBA). Emphasizing the importance of professional skepticism and judgment to...August 15th, 2018Comment Letter, Auditors, Global, Policymakers, Anti-Fraud, Audit Quality
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