What issues is the CAQ currently addressing or planning to address?
Since our formation in 2007, we have embarked on an ambitious effort to improve financial reporting, reached out to investors and other market stakeholders, forged solid relationships with federal regulators, and provided useful information to our nearly 700 members. Perhaps most importantly, the CAQ has made it possible for the public company auditing profession to speak with one voice on important issues and at a critical time. The CAQ also has worked closely with two high-level federal panels: the Treasury Department’s Advisory Committee on the Auditing Profession and the SEC’s Advisory Committee on Improvements to Financial Reporting. Going forward, serving investors and strengthening the integrity of the markets will remain central to the CAQ’s mission, and we intend to play an integral role in devising solutions to the challenges associated with today’s financial markets.
