- Analysis of Climate-Related Information in S&P 500 Companies’ 10-KsThe CAQ analyzed S&P 500 companies’ 10-Ks to understand their SEC filing disclosures regarding climate-related information, greenhouse gas emissions, and net-zero and carbon neutral commitments. Analysis of Climate-Related Information in S&P 500 Companies’ 10-Ks The CAQ analyzed S&P 500 companies’ Form 10-Ks to understand the extent of climate-related disclosures in those SEC...February 10th, 2025
Publications, Audit Committee, Auditors, Investors, Policymakers, ESG - Institutional Investor Survey | Research Findings, Q4 SurveyAs part of the CAQ’s efforts to engage a broad array of stakeholders of company-prepared information and serve as a trusted voice for the audit profession, KRC Research is conducting surveys throughout the year to inform the CAQ team on topics of interest to institutional investors. The survey research was conducted...February 6th, 2025Publications, Audit Committee, Auditors, Company Management, Investors, Policymakers, Audit Quality
- Sustainability Reporting and Assurance: Key Considerations for Legislators and RegulatorsHaving transparency and accountability in reporting helps companies build stakeholder trust, attract investment, more effectively manage risks, and drive long-term growth. In addition, stakeholders continue to demand high-quality, accurate, and comprehensive data about sustainability-related information, including Greenhouse Gas (GHG) emissions, which affect climate risks. As legislators and regulators respond to the...January 23rd, 2025Publications, Policymakers, ESG
- The Role of the Auditor: Assessing and Responding to Fraud RiskThe Role of the Auditor: Assessing and Responding to Fraud Risk provides insights into practices, tools, and considerations that can help auditors, especially those with less experience, enhance their professional skepticism and overall approach to assessing and responding to the risks of material misstatement resulting from fraud during the...October 2nd, 2024Publications, Audit Committee, Auditors, Investors, Policymakers, Anti-Fraud, Audit Quality
- Critical Audit Matters Survey | Research Findings, Q3 SurveyAs part of the CAQ’s efforts to engage a broader array of stakeholders who use company-prepared financial and non-financial information and serve as a prominent voice for the audit profession, KRC Research is conducting quarterly research to inform the research team on topics of interest related to what active institutional...September 5th, 2024Publications, Audit Committee, Auditors, Company Management, Investors, Policymakers, Audit Quality
- Audit Committee Oversight in the Age of Generative AICollective interest in and awareness of generative AI (genAI) has grown exponentially since the public release of several genAI chatbots powered by large language models beginning in November 2022. While artificial intelligence (AI) and machine learning are not new, the accessibility and ease of use provided by genAI chatbots and...July 29th, 2024Publications, Audit Committee, Auditors, Investors, Policymakers, Audit Quality, Emerging Reporting Areas
- Financial Restatement Trends in the United States: 2013 – 2022The Center for Audit Quality (CAQ) has conducted an analysis of restatements announced over the decade (2013 – 2022). Restatement activity is commonly referenced as a measure of financial reporting quality; therefore, a periodic review of associated trends may be of interest to investors and other users of financial statements....June 6th, 2024Publications, Audit Committee, Auditors, Policymakers, Audit Quality
- Analysis of PCAOB Proposals on Public Disclosure of Firm and Engagement Metrics and Firm ReportingOn April 9, 2024, the PCAOB issued two proposals, Firm and Engagement Metrics, and Firm Reporting, that would expand reporting requirements by requiring audit firms to make publically available both firm-wide and individual client engagement information. Comments on both proposals are due June 7, 2024. The metrics the PCAOB has proposed...May 7th, 2024Publications, Audit Committee, Auditors, Investors, Policymakers, Audit Quality
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