CAQ

Financial revisions and restatements are indicators of audit quality, but they are far from the only ones.

The Center for Audit Quality believes auditors should go beyond financial statements and vet other forms of corporate reporting that typically aren’t audited.

The Institute of Internal Auditors intends to overhaul its ​Certification in Risk Management Assurance and Internal Audit Practitioner programs next year to meet evolving demands and stay ahead of various risks.

Despite new CAMs requirements, disclosures are still needed about how audit committees are interacting with their auditing firms, according to the CAQ and Audit Analytics.

The Center for Audit Quality announced the five grant recipients for independent academic research on audit-related topics.

Honkamp Krueger and PICPA launch podcasts; two universities expand KPMG master of accounting with data and analytics program to include tax; and more CPA news.

The Securities and Exchange Commission is proposing to limit the requirements under the Sarbanes-Oxley Act for audits of internal controls over financial reporting, making them apply to only the largest public companies.

The Center for Audit Quality has introduced a new guide to assist audit committees at overseeing their companies efforts to comply with the new credit losses accounting standard.

AICPA chief auditor Bob Dohrer dives deep into the new requirement for reporting critical audit matters in the auditor's report, including recent guidance.

The United Kingdom’s Competition and Markets Authority has issued a long-awaited report calling for separation of audit from consulting services, mandatory “joint audits” and regulatory powers to increase the accountability of audit committees.

EisnerAmper and Dixon Hughes Goodman add principals; HHM CPAs hires four in Chattanooga office; and other recent hires, promotions and personnel news from firms across the country.

The former Citigroup executive Julie Bell Lindsay is succeeding Cindy Fornelli, who is retiring.

The Center for Audit Quality has released an updated version of its tool for audit committees to address recent changes in accounting standards and potential areas of risk.

The framework aims to help more firms spell out how they're working to improve their auditing services.

Megan Zietsman will assume her role with the Public Company Accounting Oversight Board in early 2019.

The publication contains five key components and addresses the impact of artificial intelligence and robot process automation.

Outgoing CAQ chief Cindy Fornelli also shared her plans for retirement.

The new publication aims to help auditors deal with the CAMs section that will soon be required under a new auditing standard.

The Center for Audit Quality has made its 11th annual call for independent research topics focused on the auditing profession.

The Public Company Accounting Oversight Board is planning extensive changes in how it inspects firms and interacts with financial statement preparers.