What is the CAQs vision and how is it carried out?
The vision of the Center for Audit Quality is to foster high quality performance by public company auditors, convene and collaborate with other stakeholders to advance the discussion of critical issues requiring action and intervention, and advocate policies and standards that promote public company auditors’ objectivity, effectiveness and responsiveness to dynamic market conditions. The CAQ works to make public company audits even more reliable and relevant for investors in a time of growing financial complexity and market globalization. It also has undertaken research, offered recommendations to enhance investor confidence and the vitality of the capital markets, issued technical support for public company auditing professionals, and helped facilitate the public discussion about modernizing business reporting.