Our capital markets are an important engine for driving and maintaining our economic and societal well-being. These markets operate on data, and audited financial statements have long been a critical element of this information dynamic for their accuracy, transparency, and reliability. As investors make investing decisions, they depend on the...

Publications S&P 100 and ESG Reporting Thursday, April 29, 2021 Key Takeaways The CAQ examined the most recent publicly available1 ESG data for S&P 100 companies. Here are the key takeaways: All companies had some ESG information available.2 The vast majority of companies had this information outside of an SEC filing, typically in a...

Publications Key Actions for Establishing Effective Governance Over ESG Reporting Thursday, April 22, 2021 Download PDF With ESG information increasingly being used by the capital markets and other stakeholder groups, it has never been more important to ensure that ESG disclosures are of a high quality. Building on topics explored in ESG Reporting...

Publications Issues Related to the Assessment of the Effectiveness of Management Review Controls: Roundtable Summary Wednesday, April 21, 2021 Download PDF The Center for Audit Quality and the Financial Education & Research Foundation (FERF) of Financial Executives International (FEI) commissioned John Fogarty, Mark Beasley and Doug Prawitt to conduct an independent qualitative research...

Publications Fraud and Emerging Tech: Artificial Intelligence and Machine Learning Monday, April 5, 2021 Download PDF Artificial intelligence (AI) has become one of the fastest-growing priorities for many companies in the digital era and, consequently, will have a wide-ranging impact on businesses across the globe. This post, part of an emerging technology series...

Publications Guide to PCAOB Inspections Wednesday, March 24, 2021 Download PDF Confidence in public company financial reporting is essential to the strength and vitality of U.S. securities markets. Company management, audit committees, and internal and external auditors all play important roles in providing investors with reliable financial reports. These roles are reinforced by...

Companies are increasingly tackling complex problems facing society in the form of environmental, social, and governance (ESG) commitments and practices. The Role of Auditors in Company-Prepared ESG Information: A Deeper Dive on Assurance Download PDF Companies are increasingly tackling complex problems facing society in the form of environmental, social, and governance (ESG) commitments and...

ESG Reporting and Attestation: A Roadmap for Audit Practitioners Wednesday, February 17, 2021 Download PDF The building blocks of reliable, comparable and relevant environmental, social, and governance (ESG) information begin with a foundation of quality reporting by company management. The American Institute of CPAs (AICPA) and Center for Audit Quality (CAQ) have teamed...