There continues to be interest from investors, regulators, and others regarding how audit committees perform their responsibilities, says the CAQ.
Public companies' most recent proxy statements contain more disclosure from their audit committees about the selection and oversight of external auditors.
How does an auditor figure out whether a matter involves especially "challenging, subjective, or complex judgment?"
The Center for Audit Quality recommends best practices and discussion topics for non-GAAP presentations.
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.
When it comes to cybersecurity risk management, let's pursue a flexible, principles-based approach, not one filled with layers of compliance requirements.
A survey finds disclosure of information on key areas of external auditor oversight has more than doubled in the past two years.
“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.
GWU business school students propose ways to highlight changing risk factors, among other recommendations for annual reports.
The PCAOB appears to be backing away from requiring engagement partners be identified in an audit client's annual report.
Ninety-eight percent of “critical audit matters” identified during a field test involving 51 audits were previously communicated to the audit committee.
A study of audit missteps from SEC cases dating back to 1998 also shows such basic oversight problems as a lack of skepticism and reliance on corporate management reports.
