Since Sarbanes-Oxley was enacted six years ago, financial reporting has improved and investor confidence followed suit. That doesn’t mean people are satisfied with the way things are going—or, indeed, whether they know which way they want things to go at all.

Such was the sentiment expressed by a panel of experts in Boston last week, convened as part of the Center for Audit Quality’s “National Public Dialogue Tour” hitting nine cities in the last year. The CAQ launched the tour to solicit input on how the auditing process can be improved and be more helpful to investors.

Jaclyn Jaeger is a freelance contributor to Compliance Week after working for the company for 15 years. She writes on a wide variety of topics, including ethics and compliance, risk management, legal,...