The Center for Audit Quality has released a new guidebook to explain to investors, managers and other interested parties the important role played by auditors of public companies.

The “Guide to Public Company Auditing” aims to give capital market stakeholders an idea of the vital function that public company auditors fulfill in providing transparency and stability in the markets. The guide provides an introduction to and overview of the key processes, participants and issues related to public company auditing.

“Public company auditors bring an essential perspective to the financial reporting dialogue,” said CAQ executive director Cindy Fornelli (pictured). “Our hope is that this guide will be a useful tool for anyone interested in learning why auditors’ independent scrutiny is of such critical importance to capital market transparency.”

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