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Auditors Can Bring Trust, Confidence, and Reliability to Currently Unaudited Corporate Reporting

Expanding the role of auditors beyond financial statements would benefit investors, capital markets Washington, DC – Auditors are uniquely qualified to enhance confidence in a wide range of company-prepared information outside financial statements, according the Center for Audit Quality (CAQ). In a white paper entitled The Role of Auditors in Company-Prepared Information: Present and Future, […]

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Survey: Confidence in US Markets and Public Company Auditors Stays Strong

Washington, DC – The percentage of US retail investors expressing confidence that public company auditors are effective in their investor protection roles has climbed to 83%, according to the 2019 Main Street Investor Survey. The annual Center for Audit Quality (CAQ) poll captures the views of US retail investors with at least $10,000 invested in […]

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CAQ Announces 2019 Grants to Fund Academic Research in Auditing

Washington, DC – The Center for Audit Quality (CAQ) has awarded five new grants to fund independent academic research on projects of interest to the auditing profession. Over the past 11 years, the CAQ has provided funding for 44 such projects through its Research Advisory Board (RAB) grant program. “Independent academic research can have a […]

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Leading Organizations in Public and Private Company Auditing Release New ESG Reporting and Attestation Roadmap

February 17, 2021, Washington, D.C. – Today, the Center for Audit Quality (CAQ) and the Association of International Certified Professional Accountants (the Association) released a new roadmap to provide audit practitioners with a blueprint to support companies in achieving their environmental, social, and governance (ESG) reporting goals. The CAQ and the Association  are releasing the […]

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New Report Reveals Common Themes in SEC Enforcement of Financial Statement Fraud

Improper revenue recognition, reserves manipulation, and inventory misstatement among the most prevalent financial statement fraud schemes, according to new analysis of SEC data Washington, DC (January 12, 2020) – A new report released today by the Anti-Fraud Collaboration found common themes among SEC enforcement actions of financial statement fraud, including the types of fraud schemes, […]

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