Comment Letter PCAOB: Estimates and Specialists Post-Implementation Review Friday, June 10, 2022 Download PDF In this comment letter, the CAQ provides views to the PCAOB related to its Interim Analysis No. 2022-001, Post-Implementation Review, Estimates and Specialists Audit Requirements. The CAQ continues to support outreach to monitor the implementation of the final standard and...

Newsletter Public Policy and Technical Alert | May 2022 Wednesday, June 8, 2022 As 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...

Our capital markets are an important engine for driving and maintaining our economic and societal well-being and they rely on the independent third-party assurance that auditors are able to provide. Enhancing the trust and reliability of this information is a key aspect of the public interest role that public company...

This is a watershed moment for environmental, social, and governance (ESG) reporting. Investors increasingly allocate resources to public companies with strong ESG commitments and practices. Sustainable funds in the United States are continuing at a record pace, reaching nearly $31 billion through the third quarter of 2020—a sharp increase from 2019,...

A confluence of factors – from environmental issues to social injustice – has led us to a growing demand for reliable and comparable ESG information. What role can auditors play in providing trust for company-prepared ESG information? Watch as PwC’s Sheri Wyatt, Assurance Diversity and Inclusion Leader and Sustainability Partner,...

A confluence of issues in 2020 — ranging from COVID-19 and climate change, to social justice issues — that have brought ESG to the forefront. Maura Hodge, KPMG’s National ESG Assurance Leader, describes the role auditors can play in providing assurance on company-prepared ESG information.

The accounting profession will never waver in its commitment to always doing better. Pursuing greater representation is the right thing to do – it advances equity and opportunity, while recognizing each individual’s identity. It is also the smart thing to do – it helps the accounting profession better perform its...

Technology has disrupted almost every industry, from healthcare to agriculture. Within the audit profession, technology has transformed the way the traditional audit is done, streamlining the process for auditors while enhancing audit quality. Evolution of the Audit: Technology Technology has had a significant impact on the evolution of the audit. “When I think...