CAQ Public Policy and Technical Alert, March 2015

Each month, the CAQ Public Policy and Technical Alert highlights and examines regulatory, standard-setting, legislative, and broader financial reporting developments impacting the public company audit profession. Please note that this alert is intended as general information and should not be relied upon as being definitive or all-inclusive. The CAQ encourages member firms to refer to the rules, standards, guidance, and other resources in their entirety.

• PCAOB approves reorganization of auditing standards
• PCAOB publishes progress report on broker-dealer interim inspections program
• The SEC Speaks in 2015 conference
• SEC adopts 2015 GAAP Financial Reporting Taxonomy
• FASB, IASB to propose additional changes to revenue recognition standard
• IASB outlines practical effects of proposed leases standard
• IFRS Foundation publishes 2015 IFRS Taxonomy
• IFIAR issues survey of inspection findings
• FRC encouraged by first year of extended auditor’s report requirements
• Senate, House committees approve cyber threat sharing bills
• U.S. Chamber issues 2015 FAR Agenda
• CAQ, IIA report identifies steps to improve audit, risk management
• Upcoming Events