CAQ

The Center for Audit Quality began a new initiative to bring more young people into the accounting profession, particularly from Black and Latino backgrounds.

The Center for Audit Quality and the American Accounting Association are making changes to their Access to Audit Personnel research partnership program.

Audit committees at public companies have been upping the amount of disclosures they have been providing in proxy statements, especially when it comes to cybersecurity and non-audit services.

Average audit fees continued to grow in recent years, increasing nearly 4% from 2019 to 2020 from $2.43 million to $2.52 million, according to a new survey.

Technological changes are already making an impact on how auditing firms are carrying out their audits.

The Center for Audit Quality released a report on the current requirements for public company auditors regarding climate-related reporting.

Climate change is prompting more accountants to get involved in environmental, social and governance services.

Despite enhancements already made to audit quality, the audit profession will never rest on its laurels.

The American Institute of CPAs and the Center for Audit Quality both submitted comments to the Securities and Exchange Commission expressing support for climate change disclosures by companies.

Congress introduced bipartisan legislation to recognize accounting as part of the science, technology, engineering and mathematics curricula.