September 8, 2017
 

CAQ Public Policy and Technical Alert, August 2017

                         


Alert

CAQ Public Policy and Technical Alert, August 2017

Friday, September 8, 2017

Download PDF

As part of the Center for Audit Quality’s ongoing effort to keep members and stakeholders informed on significant public policy and accounting matters, we are pleased to offer the Public Policy and Technical Alert (PPTA). Each month, the PPTA highlights and examines the regulatory, standard-setting, legislative, and broader financial reporting developments impacting the public company audit profession. Please note that the PPTA is intended as general information and should not be relied upon as being definitive or all-inclusive. The CAQ encourages member firms to refer to the rules, standards, guidance, and other resources in their entirety at the hyperlinks provided below. All entities should carefully evaluate which requirements apply to their respective organizations.

In This Issue:

PCAOB

  • Doty to remain during search for successor
  • PCAOB issues annual report on 2016 inspections of broker-dealer auditors showing continued high level of audit deficiencies
  • PCAOB publishes Staff Inspection Brief providing information about 2017 inspections of auditors of public companies

SEC

  • SEC and SEC staff issue updates to interpretive guidance on revenue recognition
  • SEC Division of Corporation Finance updates C&DIs
  • SEC Division of Corporation Finance updates Financial Reporting Manual
  • SEC publishes report on access to capital and market liquidity

FASB

  • FASB issues new, proposed ASUs

International

  • Publication compares IAASB, PCAOB auditor reporting standards
  • International standards boards outline observations for enhancing professional skepticism

CAQ Updates

Upcoming Events