CAQ Public Policy and Technical Alert, September 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’s Munter highlights challenges in ICFR audits
• SEC approves reorganization of PCAOB auditing standards
• PCAOB launches series of staff inspection briefs, podcasts
• SEC seeks comments on Regulation S-X disclosure requirements
• FASB simplifies accounting for measurement-period adjustments
• FASB proposes updates to materiality, revenue recognition
• Highlights of the IAASB’s September meeting
• CAQ’s annual investor survey finds continued confidence in U.S. capital markets
• CAQ comments on possible revisions to audit committee disclosures, AQIs
• CAQ releases three new ‘Profession in Focus’ videos
• Upcoming Events