Center for Audit Quality formed in the United States

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01 Feb 2007

The American Institute of CPAs (AICPA) and eight public company auditing firms – including Deloitte & Touche – have formed a new organisation aimed at improving audit quality in the United States.

The Center for Audit Quality (CAQ) will work to increase confidence in the audit process and make public company audits even more reliable and relevant by advancing constructive suggestions for change. To this end, the Center will convene a national public dialogue through scheduled events with key stakeholders across the country. It will also conduct research on these topics and ultimately make recommendations that will foster confidence in the capital markets. CAQ membership is open to any US auditing firm registered with the PCAOB. Associate membership is available for US audit firms not registered with the PCAOB. The CAQ will be led by a governing board comprising the CEOs of the AICPA and the six largest audit firms plus two rotating firms, and leaders from the investor and issuer communities. For more information:

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