August 2, 2023, Washington D.C., – Prat Bhatt, former Chief Accounting Officer at Cisco, has been appointed to the CAQ’s Governing Board, effective August 1, 2023.
The CAQ’s Governing Board is comprised of chief executive officers from eight of the largest public company auditing firms and the American Institute of CPAs, as well as three independent board members. The Governing Board provides oversight for the CAQ and leads the development of the organization’s strategic agenda.
“Through his expansive experience with finance initiatives at Cisco and his public company board service, Prat has a deep understanding of our capital markets,” said Julie Bell Lindsay, CEO, CAQ. “As the financial reporting landscape in the U.S. continues to evolve, Prat’s expertise will be invaluable to our Governing Board as we continue to fulfill our mission of building and maintaining investor trust in our capital markets.”
“High-quality audits are what drives investor-decision making, and in turn, the smooth operation of our capital markets,” said Bhatt. “I’m pleased to join the CAQ’s Governing Board as they continue to work with the public company audit profession to maintain the highest standards for audit quality.”
About the Center for Audit Quality
The Center for Audit Quality (CAQ) is a nonpartisan public policy organization serving as the voice of U.S. public company auditors and matters related to the audits of public companies. The CAQ promotes high-quality performance by U.S. public company auditors; convenes capital market stakeholders to advance the discussion of critical issues affecting audit quality, U.S. public company reporting, and investor trust in the capital markets; and using independent research and analyses, champions policies and standards that bolster and support the effectiveness and responsiveness of U.S. public company auditors and audits to dynamic market conditions.