- Comment Letter, Sign-on Letter | PCAOB: AS 2405, A Company’s Noncompliance with Laws and RegulationsIn this comment letter, more than 200 audit committee chairs, board members and other capital markets stakeholders signed on to share their concerns about proposed Amendments to PCAOB Auditing Standards related to a Company’s Noncompliance with Laws and Regulations and Other Related Amendments. This letter was submitted on behalf audit committee...August 8th, 2023
Comment Letter, Academics, Audit Committee, Auditors, Broker Dealers, Company Management, Investors, Preparers/Issuers, Anti-Fraud, Audit Quality - Comment Letter | PCAOB: AS 2405, A Company’s Noncompliance with Laws and RegulationsIn this comment letter, the CAQ provides views to the PCAOB related to its request for comment on its proposed Amendments to PCAOB Auditing Standards related to a Company’s Noncompliance with Laws and Regulations and Other Related Amendments. The CAQ supports the Board’s intention to modernize and strengthen auditing standards related...August 7th, 2023Comment Letter, Academics, Audit Committee, Auditors, Broker Dealers, Company Management, Investors, Preparers/Issuers, Anti-Fraud, Audit Quality
- ACFE Global Fraud Conference - Fraud in the New Risk Frontier: ESG Reporting and PracticesThe CAQ's Dennis McGowan will be speaking at this year's ACFE Global Fraud Conference on the panel, Fraud Risk in the New Risk Fronter: ESG Reporting and Practices. Panel Description: ESG practices and reporting are quickly emerging as a new frontier of risk in business and society. The potential for fraud is...June 6th, 2023Event, Anti-Fraud, ESG
- Fighting Fraud for Two DecadesYou don’t have to go too far back in history to see how financial reporting fraud can harm US markets. The fraud scandals in the early 2000s led to a massive disruption in the markets and – more importantly – investor trust in those markets. “Financial fraud has threatened the underlying...June 1st, 2022Blog Post, Video, Auditors, Anti-Fraud
- ECI 2022 Conference | The Future of ESG Reporting and AssuranceVideo ECI 2022 Conference | The Future of ESG Reporting and Assurance Monday, May 23, 2022 For Ethics and Compliance Initiative’s 2022 Impact Conference, the Center for Audit Quality hosted the panel, The Future of ESG Reporting and Assurance. ESG-related matters are gaining significant attention from investors, regulators, and other stakeholders. There has...May 23rd, 2022Video, Audit Committee, Auditors, Anti-Fraud, ESG
- IAASB: Discussion Paper, Fraud and Going Concern in an Audit of Financial StatementsComment Letter IAASB: Discussion Paper, Fraud and Going Concern in an Audit of Financial Statements Monday, February 1, 2021 Download PDF In this comment letter, the CAQ provides views to the International Auditing and Assurance Standards Board’s (IAASB) Discussion Paper, Fraud and Going Concern in an Audit of Financial Statements: Exploring the...February 1st, 2021Comment Letter, Auditors, Policymakers, Anti-Fraud
- New Report Reveals Common Themes in SEC Enforcement of Financial Statement FraudNew Report Reveals Common Themes in SEC Enforcement of Financial Statement Fraud Tuesday, January 12, 2021 Improper revenue recognition, reserves manipulation, and inventory misstatement among the most prevalent financial statement fraud schemes, according to new analysis of SEC data Washington, DC (January 12, 2020) – A new report released today by the...January 12th, 2021Auditors, Company Management, Investors, Anti-Fraud, Press Releases
- Enhancing Skepticism to Fight FraudVideo Enhancing Skepticism to Fight Fraud Tuesday, December 22, 2020 Failure to exercise skepticism can result in significant consequences, including fraud. An appropriate level of skepticism can help members of the financial reporting supply chain and other relevant stakeholders enhance their effectiveness in mitigating the risk of fraud and misconduct. They can use...December 22nd, 2020Video, Audit Committee, Auditors, Company Management, Preparers/Issuers, Anti-Fraud
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