Public Dialogue Tour:
In today’s global economy, reliable financial information is critical to the capital markets. As one of its first major initiatives, the Center for Audit Quality launched a national Public Dialogue Tour to discuss potential improvements to the quality, relevance and integrity of financial reporting. We visited various regions of the country to hear directly from users of audited financial information and better learn how business reporting might evolve to meet the information needs of all types of investors.
Both in the U.S. and globally, reporting by publicly traded companies is a topic of high profile debate. Participation in this Public Dialogue has offered a new and meaningful channel to make all views known in this important debate.
The panelists and audience were drawn from leading regional issuers, investors, current and former regulators, government servants and academics. The goal was to facilitate a vibrant and robust discussion and move toward mutual consensus on the issues and, hopefully, on the future of business reporting.
The public company auditing profession was present at all of the Public Dialogue Tour events, but did not participate directly in the discussion. The profession believes it is important to hold these types of events to listen to the thoughts and ideas of other stakeholders in the capital markets.