Center for Audit Quality Comments on Treasury Blueprint

The Center for Audit Quality has issued a statement on the Treasury Department's Blueprint for Regulatory Reform: “Like others in the financial policy arena, the CAQ recognizes the effort of the Treasury Department in developing this comprehensive blueprint for financial regulatory reform," said CAQ executive director Cindy Fornelli. “Secretary Paulson and his staff have drafted a thoughtful plan intended to eliminate duplication, increase coordination, and improve oversight within the regulation of our markets for benefit of investors. The CAQ shares Treasury’s goal of designing reforms that may better prepare all market participants to meet the challenges ahead, and we look forward to working with policy makers as they consider the blueprint’s specific recommendations, particularly as they pertain to the profession’s work to enhance both the quality of reported financial information and the audit process.” IFAC Proposes Translation Strategy

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