- Comment Letter | PCAOB Firm and Engagement Metrics ProposalIn our letter we detail our views on the following: Support for an alternative approach to disclosure of certain firm-level metrics that is scalable; Support for an alternative approach that focuses on discussion related to certain engagement-level metrics with the audit committee; Overall concerns related to the PCAOB’s Proposal, including: Certain of the proposed...June 7th, 2024
Comment Letter, Academics, Auditors, Policymakers, Audit Quality - Comment Letter | PCAOB Firm Reporting ProposalIn this comment letter, the CAQ responds to the PCAOB’s Firm Reporting Proposal. Our letter expresses a number of comments and concerns regarding the reporting requirements included in the Proposal. Specifically, we are concerned that this Proposal will provide limited and uncertain benefits to stakeholders while exposing registered firms to significant...June 7th, 2024Comment Letter, Academics, Auditors, Policymakers, Audit Quality
- Accounting+ Academic Resource HubAccounting+ is a nationwide campaign expanding the pipeline of diverse accountants. Operating under the belief that you can’t be what you can’t see, Accounting+ is introducing the next generation of students to the limitless possibilities a career in accounting holds, tackling long-held misconceptions about accounting, and providing students with resources...April 3rd, 2024Academics, Talent
- Bold Ambition Quarterly | Spring 2024Welcome to the first edition of Bold Ambition in 2024, the quarterly newsletter from the Center for Audit Quality that brings you insights, resources, and tools on the latest DEI updates in the accounting profession. March is Women’s History Month, and women have come so far in so many ways. Of...March 28th, 2024Newsletter, Academics, Talent
- Comment Letter Analysis | CAQ Analysis of IAASB Going Concern Comment LettersOn April 26, 2023, the International Auditing and Assurance Standards Board (IAASB) issued for public comment an Exposure Draft, proposed International Standard on Auditing (ISA) 570 (Revised 202X), Going Concern. Comments were due August 24, 2023. The IAASB received 78 letters, primarily from accounting firms and accounting organizations. Who responded? In our analysis...March 13th, 2024Comment Letter, Academics, Auditors, Investors, Policymakers, Audit Quality
- 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
- Research Advisory Board Grant ProgramThe CAQ and the public company auditing profession are dedicated to supporting valuable independent academic research that can have important, real-world impact on audit quality and the future of auditing. From 2009-2021 the CAQ’s Research Advisory Board (RAB) annually awarded grants to fund auditing-related scholarly research. While active, the RAB, composed...February 1st, 2024Academics
- Comment Letter Analysis | NOCLARIn June 2023, the Public Company Accounting Oversight Board (PCAOB) proposed amendments to its auditing standards related to a company’s noncompliance with laws and regulations, or NOCLAR for short. The proposed amendments garnered the attention of a diverse group of stakeholders, resulting in 139 individual comment letters. Several comment letters...November 9th, 2023Comment Letter, Academics, Audit Committee, Auditors, Broker Dealers, Company Management, Investors, Preparers/Issuers, Anti-Fraud, Audit Quality
The latest news and
resources from the CAQ.