The Center for Audit Quality issued a new report Tuesday describing some of the feedback it has received on the audit quality indicators it has been pilot testing with auditors and audit committees.
The report includes some of the insights the CAQ learned from a global series of roundtable discussions it organized bringing together audit committee members and other stakeholders to talk about a potential set of audit quality indicators, or AQIs. This outreach, together with the results from pilot testing of the CAQ’s Approach to Audit Quality Indicators, suggests a path forward on efforts to identify the most effective way to assess audit quality.
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