Explore The CAQ
How is the audit profession evolving?
How can audit committees oversee audit quality?
How do audits enhance investor trust and confidence in the capital markets?
What do policymakers need to know about audit?
How can academics shape the future of audit?
Why is audit the right profession for me?
The CAQ is dedicated to enhancing investor confidence and public trust in the global capital markets. The public company auditing profession’s goals are closely aligned with those of all market participants—maintaining trust and confidence in the accuracy and transparency of U.S. public company reporting and the U.S. capital markets. It is not simply the auditor, but the entire U.S. reporting ecosystem, that makes trust in our markets work.
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Auditors play a key role as independent gatekeepers in the financial reporting ecosystem that underpins confidence in capital markets. Auditors build trust and confidence in information through the assurance services they provide. The auditing profession has steadily developed, systemized, and strengthened this trust and confidence-building role in providing assurance related to company financial statements and internal control over financial reporting. While auditors will continue the essential work of auditing historical financial statements, they could also bring their ability to enhance trust and confidence in other types of data and information issued by companies.
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Policymakers, investors, and other leaders across the globe increasingly recognize the vital role of audit committees and their importance to audit quality. In close collaboration with partner organizations, the CAQ is actively engaged in developments related to audit committees. We provide valuable resources, current policy information, tools, and services to support audit committees with their responsibilities.
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A key reason why the U.S. capital markets are strong and effective is because investors can trust the information used in audited financial statements when making critical decisions. The CAQ provides information, tools, and resources for investors on the auditing profession, oversight and governance of public companies, and leading practices in the field of audit. We are particularly attuned to the evolution of audit and a changing ecosystem with advances in technology, ESG investing and socially responsible finance.
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The CAQ consistently highlights and examines the regulatory, standard-setting, legislative, and broader financial reporting developments impacting the public company audit profession for policymakers, investors, and other stakeholders.
Read on for reports, services, tools, and resources related to relevant policy and public information.
From driving the next generation of auditors and auditing, advancing the field, and conducting essential research, academics are a key part of the audit ecosystem. The CAQ helped develop and facilitates access to audit personnel for academics, supports research projects that have a real-world impact on audit quality and the future of auditing, and provides tools and trainings for current and future auditors, investors, and stakeholders.
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A career in public company auditing is a path to a dynamic, and fulfilling purpose-driven future. Auditors help to provide the capital markets with confidence and assurance in financial reporting. Auditors perform independent evaluations to provide assurance that information, such as the financial statements, present a true and fair view of a company’s financial performance and position. The bedrock of our financial system is the audit.
Explore our tools, resources, and information for students considering the audit profession.
Updates from the CAQ
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Auditors navigate the uncertain with an unwavering focus on audit quality. Discover what Audit in Action looks like.
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The CAQ’s member firms are hard at work adapting to the impact of COVID-19 on financial reporting.
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Auditors navigate the uncertain with an unwavering focus on audit quality. Discover what Audit in Action looks like.
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The CAQ’s member firms are hard at work adapting to the impact of COVID-19 on financial reporting.
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The CAQ’s member firms are hard at work adapting to the impact of COVID-19 on financial reporting.
Recommendations for You
Screen Making it Balance today to go behind-the-scenes with audit leaders who have found their passion in this profession.