"Auditors will first look to the definition of a CAM in the auditing standard," said Cindy Fornelli, executive director of the Center for Audit Quality (CAQ), which is affiliated with...

September 27 marks the Center for Audit Quality's fourth annual "#AuditorProud" day on social media, when the organization and its member firms are informing students and prospective professionals about the many...

Public company auditors remain the group investors trust most to protect their interests, but investors’ confidence in U.S. capital markets and U.S. public companies has dropped in the past year,...

“If you have a strong audit committee, they are going to make sure there is a strong auditor. And that’s good for investors,” said Cindy Fornelli, executive director of the...

Seven prominent leaders of the auditing profession presented a united voice Wednesday by reaffirming the profession’s commitment to quality. In a statement posted to the websites of the AICPA, CAQ,...

Are you, your audit committee, or your auditor unclear about critical audit matters and their inclusion in the new auditor’s report? On Tuesday, the CAQ published a “key concepts and...

A significant deficiency in internal control over financial reporting will not automatically constitute a critical audit matter that auditors will have to disclose under a new auditing standard, but it...

The CAQ has published a guide to the PCAOB’s new audit reporting model and the critical audit matters that auditors will be required to start including in their audit reports...

Cindy Fornelli, executive director of the Center for Audit Quality, said leaving the audit requirement unchanged was a good move. “U.S. capital markets are the largest and most attractive in...

The Center for Audit Quality has selected four more academic research projects to fund through its grant program.

In this Forbes.com post, CAQ Managing Director Catherine Ide provides insights on how companies can identify and properly disclose material cybersecurity risks and incidents.

The CAQ and the Auditing Section of the American Accounting Association have elected to support three projects through their Access to Audit Personnel Program, which connects academics with audit practitioners...

To stoke more board inquiry on cyber-security, the CAQ has published a primer on questions that any management team and external auditor should be ready to answer.

With organizations’ technology and systems under constant attack from hackers, cybersecurity oversight has become an increasingly important responsibility for board members. A new tool from the CAQ provides board members...

The CAQ has released a tool to help members of the boards of public companies oversee cybersecurity risk management in their organization.

As regulators and investors scrutinize cybersecurity vulnerabilities and related disclosures by public companies, the CAQ released a tool to assist board members in their oversight of enterprise-wide cybersecurity risk management....

The CAQ is offering some tips to audit committees on how to query senior management on corporate readiness for new lease accounting standards.

The CAQ on Wednesday released an overview of the new accounting rules and a set of questions that audit committee members should consider for successful implementation. These include guidelines for...

Audit committees are responsible for oversight of the implementation effort. The CAQ has created a new tool to help audit committees exercise these oversight duties.

The CAQ has launched a new tool designed to help audit committees exercise their oversight responsibilities as companies implement a new leases accounting standard that begins to take effect in...