Ideas & Insights

A recent CAQ Alert addresses auditor and audit committee considerations related to SPAC initial public offerings and mergers.

The PCAOB staff recently issued an overview of its planned inspection focus areas and an accompanying audit committee resource.

The SEC recently issued a statement addressing certain liability risks for those participating in the endeavors of a SPAC.

The SEC recently addressed certain issues to be considered before a private company undertakes a business combination with a SPAC.

A recent Center for Audit Quality publication provides an overview of the role of auditors in company-prepared ESG information.

A recent FASB Educational Paper provides an overview of the intersection of ESG matters with financial accounting standards.

The SEC recently formed a task force to develop initiatives for proactively identifying violations related to ESG issues.

A recent publication provides information about reporting ESG information in SEC submissions and related attestation engagements.

The Auditing Standards Board has issued three proposed new standards for quality management at the firm and engagement levels.

The PCAOB recently summarized audit committee insights on auditor communications, new standards and emerging technologies.

The Anti-Fraud Collaboration recently analyzed SEC enforcement actions regarding financial statement fraud schemes.

The PCAOB recently published information for auditors and audit committees regarding audits involving cryptoassets.

A CAQ resource discusses key questions for auditors and audit committees related to the impact of COVID-19 on financial reporting.

New standards for nonprofit financial statements and revenue recognition will need to be implemented over the next two to three years.

The Center for Audit Quality recently published a guide that provides an overview of the PCAOB inspection program.