How is the CAQ different from other organizations related to accountancy and auditing?
The establishment of the CAQ marks the first time that public company auditors, as a group, have joined with public leaders in the investor and corporate communities to discuss the issues facing the capital markets, conduct research on these topics and ultimately make recommendations that will foster confidence in the capital markets. All stakeholders have an interest in how the auditing profession adapts to a changing reality, and the auditing profession’s unique perspective on these changes creates an obligation to lead the dialogue on how to meet them.