Center for Audit Quality

Type: Organization
Name: Center for Audit Quality
First reported 12 hours ago - Updated 12 hours ago - 1 reports

Studies Provide Useful Data About Restatements Since 2003

Recent restatement studies released by the Center for Audit Quality (CAQ) and Audit Analytics show that an increasing percentage of restatements are filed by companies that do not disclose that prior financial statements are not reliable and an increasing ... [Published JD Supra - 12 hours ago]
First reported Jul 29 2014 - Updated Jul 29 2014 - 1 reports

A pipeline for diversity

Despite decades of intensive efforts, the accounting profession has not reached its diversity goals. African-Americans and Hispanics made up 13.1% and 16.9%, respectively, of the U.S. population in 2012, according to U.S. Census data, but secured just ... [Published Journal of Accountancy - Jul 29 2014]
First reported Jul 28 2014 - Updated Jul 29 2014 - 2 reports

Substantial Decline in Financial Restatements

News< BackCompliance : Sarbanes Oxley : Auditing : Business Process Management July 29, 2014 10:00 AMStudy also shows severity of restatements has declined and the impacts on stock prices have not been numerically significantCindy FornelliExecutive D ... [Published GRC-Daily - Jul 29 2014]
First reported Jul 28 2014 - Updated Jul 28 2014 - 1 reports

Omnicare Petitioners and the United States Battle Over the Scope of Liability for Registration Statements

The Petitioners in Omnicare, Inc. v. The Laborers District Council Construction , No. 13-435 came out swinging in their opening merits brief to the Supreme Court, which granted certiorari earlier this year.  See Brief of Petitioners ; see also here for ... [Published JD Supra - Jul 28 2014]
First reported Jul 25 2014 - Updated Jul 25 2014 - 1 reports

July 2014 - Audit Committee and Auditor Oversight Update

Client/Legal AlertJuly 2014On 20 June, the Center for Audit Quality released the findings of its field testing of the Public Company Accounting Oversight Board’s proposed expansion of the auditor’s report. In a letter to the PCAOB discussing the findings, ... [Published Baker & McKenzie - Jul 25 2014]
First reported Jul 25 2014 - Updated Jul 25 2014 - 2 reports

New Academic Study Shows Substantial Decline in Financial Restatements During the 2003-2012 Period

Targeted News ServiceWASHINGTON, July 24 -- The Center for Audit Quality issued the following news release:An in-depth academic analysis of trends and characteristics of restatements to public company financial statements in the United States in the 10-year ... [Published Insurance News Net - Jul 25 2014]
First reported Jul 11 2014 - Updated Jul 11 2014 - 1 reports

The Auditors' "Little Speech" about Critical Audit Matters

07/10/2014 By Cydney PosnerAccording to former SEC chief accountant Lynn Turner, "the auditor's report is based on a model that ‘has not changed significantly since the last Ford Model A rolled off the production lines in the early 1930s.'" As discussed ... [Published Cooley - Jul 11 2014]
First reported Jul 07 2014 - Updated Jul 07 2014 - 1 reports

Four Research Teams to Gain Access to Auditors

News< BackCompliance : Sarbanes Oxley : Auditing : Business Process Management July 7, 2014 09:00 AMCAQ and AAA Auditing Section Announce 2014 Access to Audit Personnel Program AwardsCindy FornelliExecutive DirectorCenter for Audit QualityThe Center for ... [Published GRC-Daily - Jul 07 2014]
First reported Jul 03 2014 - Updated Jul 03 2014 - 1 reports

Firm News: July 3, 2014

ALABAMADecosimo will be moving its Huntsville office to downtown within the Regions Bank building at 200 Clinton Avenue, Suite 405.MARYLANDPartner InsightsSourceMedia's Partner Insights program enables marketers to deliver relevant content and insights ... [Published WebCPA - Jul 03 2014]
First reported Jul 01 2014 - Updated Jul 01 2014 - 1 reports

Manager, Events | Center for Audit Quality

Highly visible opportunity to use your event planning and management skills with the Center for Audit Quality (CAQ), a dynamic and professional public policy association serving investors, public company auditors, and the capital markets.  Plan, organize, ... [Published Associations Now Magazine - Jul 01 2014]
First reported Jun 27 2014 - Updated Jun 27 2014 - 1 reports

Firm News: June 27, 2014

ARIZONAREDW LLC will host the 2014 Tribal Finance and Leadership Conference in Chandler, AZ. The annual event, now in its 5th consecutive year, is organized by REDW and is exclusively designed for tribal leaders. More than 100 Tribal Council Members, ... [Published WebCPA - Jun 27 2014]
First reported Jun 25 2014 - Updated Jun 25 2014 - 1 reports

CAQ and AAA Offer Researchers Access to Auditors

The Center for Audit Quality and the Auditing Section of the American Accounting Association have announced four awards as part of a program designed to give academic researchers access to audit firm personnel to use in their research projects.Cindy ... [Published WebCPA - Jun 25 2014]

Quotes

...Scholz. "The findings shed light on the impact of SOX and other regulations on financial restatements."
...According to the executive director of the CAQ, the audit teams in the study "'observed that using matters communicated to the audit committee as the only source for identification of CAMs might be more effective and may result in the identification of those matters important to the audit in a more effective and efficient manner….'"

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All (17) | News (17) | Reports (0) | Blogs (0) | Audio/Video (0) | Fact Sheets (0) | Press Releases (0)
sort by: Date | Relevance
Studies Provide Useful Data About Restatements ... [Published JD Supra - 12 hours ago]
A pipeline for diversity [Published Journal of Accountancy - Jul 29 2014]
Substantial Decline in Financial Restatements [Published GRC-Daily - Jul 29 2014]
Omnicare Petitioners and the United States Batt... [Published JD Supra - Jul 28 2014]
Financial Restatements Fell Significantly Durin... [Published CPA Technology Advisor - Jul 28 2014]
July 2014 - Audit Committee and Auditor Oversig... [Published Baker & McKenzie - Jul 25 2014]
New Academic Study Shows Substantial Decline in... [Published Insurance News Net - Jul 25 2014]
Restatements dropped after initial post-SOX sur... [Published Journal of Accountancy - Jul 25 2014]
Study Finds Financial Restatements Declined aft... [Published Accounting Today - Jul 24 2014]
The Auditors' "Little Speech" about Critical Au... [Published Cooley - Jul 11 2014]
Four Research Teams to Gain Access to Auditors [Published GRC-Daily - Jul 07 2014]
Firm News: July 3, 2014 [Published WebCPA - Jul 03 2014]
Manager, Events | Center for Audit Quality [Published Associations Now Magazine - Jul 01 2014]
Firm News: June 27, 2014 [Published WebCPA - Jun 27 2014]
CAQ and AAA Offer Researchers Access to Auditors [Published WebCPA - Jun 25 2014]
GBH Named as 2013 All-Star Firm [Published PRWeb - Oct 31 2013]
GBH Announces Selection as One of Houston's Bes... [Published PRWeb - Oct 30 2013]
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