A new industry group is looking to make inroads in building support for its policy positions in Washington.Launched on Tuesday, the Center for Audit Quality will focus on topics such as auditor protection from lawsuits, the Sarbanes-Oxley Act and how companies report financial information.

The center's governing board includes the chief executives of Ernst & Young, KPMG, BDO Seidman and Grant Thornton. James H. Quigley, the chief executive of Deloitte's U.S. arm, and PricewaterhouseCoopers chairman Dennis M. Nally will also sit on the board. Other involved firms include Crowe Chizek and McGladrey & Pullen, as well as the American Insitute of CPAs trade group.

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