What kind of research has the CAQ commissioned?
The CAQ has sponsored three notable surveys to date. In 2007 and 2008, the CAQ conducted its Annual Investor Survey examining investor behaviors and their confidence in the capital markets in the U.S. and abroad. The surveys also sought to collect solutions to investor concerns in an effort to further the CAQ’s initiative to modernize financial reporting for the benefit of all investors. In March 2008, the CAQ released its Audit Committee Survey results. This survey offered an unprecedented look at the views of key players in the fight against corporate fraud – corporate board members who oversee the preparation and auditing of public company financial statements. Respondents were asked questions to help ascertain their views on vital issues such as the quality of the audit process since the passage of SOX; the risk of material misstatements and fraud; the value of the changes mandated under SOX; and areas of needed improvement to the audit process. More than three-quarters of audit co
