CAQ Public Policy and Technical Alert, March 2016

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.

• SEC approves 2016 PCAOB budget and accounting support fee

• Recent updates to the Financial Reporting Manual

• Updates to the Compliance and Disclosure Interpretations

• FASB issues new ASUs

• IAASB highlights audit issues arising from Expected Credit Loss models

• IAASB finalizes changes for Engagement to Report on Summary Financial Statements

• IFIAR releases Report on 2015 Survey of Inspection Findings

• CAQ issues new ‘Profession in Focus’ videos

• Upcoming Events