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CAQ Public Policy and Technical Alert, May 2017

Friday, June 2, 2017

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As part of the Center for Audit Quality’s ongoing effort to keep members and stakeholders informed on significant public policy and accounting matters, we are pleased to offer the Public Policy and Technical Alert (PPTA). Each month, the PPTA highlights and examines the regulatory, standard-setting, legislative, and broader financial reporting developments impacting the public company audit profession. Please note that the PPTA 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 at the hyperlinks provided below. All entities should carefully evaluate which requirements apply to their respective organizations.

In This Issue:

  • Highlights from the PCAOB’s May SAG meeting
  • Clayton sworn in as SEC chairman; Hinman named Director of Corporation Finance
  • FASB invites comments on GAAP Financial Reporting Taxonomy
  • FASB issues new ASUs
  • IASB issues new insurance standard
  • CAQ publishes planning alert for broker-dealer auditors
  • CAQ releases white paper on the CPA’s role in addressing cybersecurity risk
  • Investor advocates join CAQ in call to preserve key SOX provision
  • CAQ, AAA Auditing Section announce awards for Access to Audit Personnel Program
  • CAQ issues new ‘Profession in Focus’ video
  • Upcoming Events