Center for Audit Quality
CAQ Releases Guide to Reviewing Auditors
There continues to be interest from investors, regulators, and others regarding how audit committees perform their responsibilities, says the CAQ.
Audit Committees Say More About Auditor Choices
Public companies' most recent proxy statements contain more disclosure from their audit committees about the selection and oversight of external auditors.
What Is a Critical Audit Matter?
How does an auditor figure out whether a matter involves especially "challenging, subjective, or complex judgment?"
How Audit Committees Can Help with Non-GAAP
The Center for Audit Quality recommends best practices and discussion topics for non-GAAP presentations.
SEC Audit Committee Rule Is Worthless: Study
Investors gain no benefit from a 1999 rule requiring audit committees to have at least three members and be free of conflicting interests, research finds.
Choosing a Sound Path Forward for Cybersecurity
When it comes to cybersecurity risk management, let's pursue a flexible, principles-based approach, not one filled with layers of compliance requirements.
S&P 500 Firms Beefing Up Audit Disclosures
A survey finds disclosure of information on key areas of external auditor oversight has more than doubled in the past two years.
Investors Suggest External Auditor Review of Audit Committees
“The work of the audit committee could be more transparent, and the evaluation of the auditor’s work could be more specific," says one former CFO.
Grad Students Aim to Shake Up 10-Ks
GWU business school students propose ways to highlight changing risk factors, among other recommendations for annual reports.
PCAOB Exploring Alternative for Auditor Identification
The PCAOB appears to be backing away from requiring engagement partners be identified in an audit client's annual report.
Auditors Favor Curbs on Changes to the Audit Report
Ninety-eight percent of “critical audit matters” identified during a field test involving 51 audits were previously communicated to the audit committee.