- Audit Partners’ 2025 Economic Outlook Highlights Recession, U.S. Election ConcernsWashington DC, October 30, 2024 – Going into 2025, a potential recession, ongoing inflation, and geopolitical instability are just some of the top concerns of audit partners and the companies they audit, according to the Center for Audit Quality’s (CAQ) most recent Audit Partner Pulse survey. The Audit Partner survey...October 30th, 2024
Audit Committee, Auditors, Company Management, Investors, Policymakers, Audit Quality, Emerging Reporting Areas, Press Releases - Transforming the audit experience with AIAI and GenAI are transforming the landscape of financial reporting, driving innovation and improvements in quality and efficiency. In the next three years, 100% of US financial reporting leaders report they will be either piloting or using AI in financial reporting, according to a recent KPMG survey on AI in...October 15th, 2024Blog Post, Emerging Reporting Areas
- Artificial Intelligence (AI) 101 For Audit Committees - Part IIAudit Committee Effectiveness: A Webinar Series | Episode 7 Welcome to Audit Committee Effectiveness: a webinar series brought to you by the Center for Audit Quality and the National Association of Corporate Directors. The series explores key takeaways and insights from leaders in the financial reporting ecosystem alongside resources developed to...September 30th, 2024Event, Video, Webinar, Audit Committee, Emerging Reporting Areas
- The Age of Generative AI: How Audit Committees Can RespondThe increased integration of generative AI (genAI) in organizations’ financial reporting processes is raising important questions about when and how to invest in appropriate technologies that may have an impact on the speed of transformation and the respective organization’s functions. With these changes, how can audit committees exercise oversight responsibilities...July 31st, 2024Blog Post, Audit Committee, Auditors, Investors, Policymakers, Audit Quality, Emerging Reporting Areas
- The Age of Generative AI: How the Profession Can RespondSince the public release of various cutting-edge generative artificial intelligence (genAI)-powered chatbots in November 2022, curiosity and engagement with advanced genAI technologies has surged exponentially. While AI and machine learning have long been established, the accessibility and ease of use of genAI chatbots has ignited widespread interest among individuals and...June 14th, 2024Blog Post, Audit Committee, Auditors, Investors, Policymakers, Audit Quality, Emerging Reporting Areas
- 2024 Audit Committee Practices Report WebinarAudit Committee Effectiveness: A Webinar Series | Episode 5 Welcome to Audit Committee Effectiveness: a webinar series brought to you by the Center for Audit Quality and the National Association of Corporate Directors. The series explores key takeaways and insights from leaders in the financial reporting ecosystem alongside resources developed to...March 25th, 2024Event, Video, Webinar, Audit Committee, Audit Quality, Emerging Reporting Areas
- 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
- 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
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