The current economic environment and recent events in the capital markets have created a variety of financial statement audit implications in areas including, but not limited to, fair value measurements, internal control over financial reporting, accounting for estimates, impairment and disclosures. The CAQ has created "Auditing in a Changing Economy" to provide member firms with pertinent information from a variety of sources, including regulators, standards-setting authorities, and the CAQ itself in one central location.
