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This Update summarizes recent developments relating to public company audit committees and their oversight of financial reporting and of the company’s relationship with its auditor.

In this update:

  • SEC Appoints an All-New PCAOB
  • SEC Approves New Auditor’s Reporting Model and Shifts the Discussion to Implementation
  • Transparency Rolls On: Audit Committees are Voluntarily Disclosing More About Their Work
  • PCAOB Staff Highlights 2016 Inspection Findings
  • CAQ Foreshadows 2017 Audit Challenges
  • Corporate Social Responsibility Reporting Has Gone Mainstream for Large Companies
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