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CAQ gives auditors some year-end planning tips

Tammy Whitehouse | October 5, 2016

Companies beginning to prepare for year-end audits can get a sense of what might be on their auditors’ minds through a new alert to the profession from the Center for Audit Quality.

The CAQ published its annual year-end audit planning alert to remind auditors of new standards and current flash points that should factor into their audit planning. “It identifies and discusses some of the more judgmental or complex audit areas for the upcoming audit cycle,” the CAQ says in describing the new alert. That includes issues specifically identified as areas of concern by the Securities and Exchange Commission and the Public Company Accounting Oversight Board.

In addition to the ongoing concerns around auditing anything that...

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