- 2024 Audit Committee Practices Report WebinarAudit Committee Effectiveness: A Webinar Series | Episode 5 Welcome to Audit Committee Effectiveness: a webinar series brought to you by the Center for Audit Quality and the National Association of Corporate Directors. The series explores key takeaways and insights from leaders in the financial reporting ecosystem alongside resources developed to...March 25th, 2024
Event, Video, Webinar, Audit Committee, Audit Quality, Emerging Reporting Areas - Comment Letter | PCAOB: AS 2405, A Company’s Noncompliance with Laws and RegulationsWe are pleased to submit the attached comment letter written in response to the PCAOB’s reopening of the comment period on its proposed Amendments to PCAOB Auditing Standards related to a Company’s Noncompliance with Laws and Regulations and Other Related Amendments and related roundtable briefing paper. This comment letter is a...March 20th, 2024Comment Letter, Audit Committee, Auditors, Policymakers, Anti-Fraud
- Audit Committees Prioritize Cybersecurity, Enterprise Risk Management in New SurveyTwo-thirds of audit committee members see opportunities to improve effectiveness, according to Deloitte, Center for Audit Quality Survey NEW YORK, March 12, 2024 —The “Audit Committee Practices Report: Common Threads Across Audit Committees,” a joint effort between Deloitte’s Center for Board Effectiveness and the Center for Audit Quality (CAQ), identified cybersecurity as...March 12th, 2024Audit Committee, Auditors, Company Management, Investors, Policymakers, Audit Quality, Emerging Reporting Areas, Press Releases
- Breaking Down the New SEC Climate-Related Disclosure RulesThe SEC has adopted new climate-related disclosure rules. The Center for Audit Quality and Anita Chan, who played an active role in the development of the proposed rule, will be breaking down the new rules in this informative session and answering questions such as: What will companies need to disclose? What are...March 11th, 2024Event, Video, Audit Committee, Auditors, Investors, Preparers/Issuers, ESG
- Statement on the PCAOB’s NOCLAR Roundtable EventTransparency and accountability are pillars of effective public policy development. Unfortunately, the roundtable that the PCAOB held this week on its proposal related to company noncompliance with laws and regulations (NOCLAR) failed to live up to these principles. Specifically, the roundtable failed to address the concerns outlined in 78% of...March 6th, 2024Audit Committee, Auditors, Anti-Fraud, Statements
- Statement of Support for the SEC’s Final Rule on Climate-Related DisclosuresThe Center for Audit Quality (CAQ) supports the SEC’s vote to adopt a final rule that will bring clarity, consistency and comparability to company-reported climate information and will require assurance over certain aspects of this information. In adopting the final rule, the SEC has recognized the valuable role that assurance...March 6th, 2024Audit Committee, Investors, Policymakers, Emerging Reporting Areas, ESG, Statements
- SEC Climate Rule: What Are We Looking for in the Final Rule?It has been 993 days since the Center for Audit Quality (CAQ) responded to the SEC’s request for public input on climate change disclosures, and 622 days since we responded to the SEC’s rule proposal, The Enhancement and Standardization of Climate-Related Disclosures for Investors (proposed rule). In less than a week...March 1st, 2024Blog Post, Audit Committee, Auditors, Company Management, Preparers/Issuers, ESG
- Comment Letter | IAASB: Proposed International Standard on Sustainability Assurance 5000, General Requirements for Sustainability Assurance EngagementsThe CAQ is pleased to share our views related to the IAASB’s Proposed International Standard on Sustainability Assurance 5000, General Requirements for Sustainability Assurance Engagements. The CAQ is supportive of the IAASB’s efforts to develop a comprehensive, stand-alone standard suitable for any sustainability assurance engagements in order to enhance the...February 29th, 2024Comment Letter, Academics, Audit Committee, Auditors, Global, Policymakers, ESG
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