CAQ

Economic pessimism is on the wane among audit partners, though they're not feeling as confident as last year, according to a CAQ survey.

Audit partners' pessimism about the U.S. economy surged from 10% in the fall to 44% today, according to a Center for Audit Quality report.

Paul Atkins was sworn in as the new chair of the Securities and Exchange Commission and is expected to bring a more deregulatory and crypto-friendly approach.

Cybersecurity ranks among the top priorities for audit committees, enterprise risk management, and finance and internal audit talent, says a new survey.

Audit committees are bringing on more directors with experience in cybersecurity and sustainability, according to a new survey.

A potential recession is the biggest economic risk factor that audit partners foresee over the next 12 months, followed by regulations and geopolitical instability, said a survey by the Center for Audit Quality.

The Center for Audit Quality and the Anti-Fraud Collaboration released a new publication on the role of the auditor in assessing and responding to fraud risk.

Disclosures of critical audit matters are fueling investment decisions, according to a study by the Center for Audit Quality.

The majority of large public companies are now reporting environmental, social and governance information, while turning to auditing firms and other providers for assurance to vet the data.

The Center for Audit Quality wants the Public Company Accounting Oversight Board to postpone sending two of its newly approved standards, on quality control and auditor responsibilities, to the SEC for final approval.

A majority of audit committee members are eyeing cybersecurity as a top priority in the next 12 months, followed by enterprise risk management and talent.

The Association of Certified Fraud Examiners has joined a collective effort of organizations including the Center for Audit Quality, Financial Executives International, the Institute of Internal Auditors and the National Association of Corporate Directors.

Nearly one-third of public companies are using artificial intelligence in their financial reporting, according to a new survey.

Corporate audit committees have been providing investors with more information about their activities and responsibilities over the past 10 years, but there's still room for improvement.

The team kicked off an unusual multiyear partnership Tuesday with the Accounting+ initiative to draft a new generation of diverse students to join the profession.

Several prominent trade groups are objecting to the board's proposed changes in auditing standards related to noncompliance with laws and regulations.

The Center for Audit Quality is working to convince the board to water down a proposed update telling auditors to be on the lookout for fraud and other signs of noncompliance.

Students aren't majoring in accounting because they don't have a passion for the subject, and because they perceive barriers in cost and time.

The CAQ survey found auditing firm partners feeling pessimistic about issues like inflation, cybersecurity risks and greater regulation.

VSCPA announces $15K investment into CAQ's Accounting+ initiative; Pinion appoints five to principal; and more news from across the profession.