Professionals on the Move – November 7, 2016
A roundup of professionals in the tax and accounting profession that have changed jobs and/or been promoted.
Center for Audit Quality
Center for Audit Quality Launches Online Video Series Highlighting Critical Issues
The Center for Audit Quality (www.TheCAQ.org) has launched an online video series that aims to highlight critical issues facing the public company auditing profession and the markets.
Audit Quality Group Requests Proposals for Academic Research Grants
The Center for Audit Quality (CAQ) has issued a request for proposals (RFP) to fund independent academic research on auditing-related topics.
CPAs and Auditors Alerted to New SEC Rules on Financial Statements and A&A Engagements
The alert outlines rules applicable to financial statement audit and attestation engagements undertaken for non-issuers.
Audit Quality Group Congratulates Internal Audit Case Study Competition
Sponsored by the Los Angeles Chapter of The Institute of Internal Auditors (IIA), the competition brought together the best and brightest accounting and auditing students in the LA area to analyze and present their case for responding to potential materia
FASB Commended for Update to Financial Guidance Reporting of Going Concern Entities
"“The CAQ commends FASB for its efforts in developing a standard that provides guidance regarding a preparer’s responsibility to evaluate whether there is substantial doubt about an entity’s ability to continue as a going concern, and, where required, to provide footnote disclosures about going concern uncertainties each reporting period," said executive director Cindy Fornelli.
New Tool Helps Auditors Avoid Judgment Tendencies, Traps, and Biases
The Center for Audit Quality (CAQ) has released the Professional Judgment Resource, a guide designed to provide auditors with an example of a decision-making process to facilitate important auditing and accounting judgments in a professionally skeptical manner.
Center for Audit Quality Supports PCAOB Efforts
Improved audit quality is a goal being pursued by the Public Company Accounting Oversight Board (PCAOB), and a non-partisan audit advocacy group is supporting its recent efforts.