Join the Center for Capital Markets Competitiveness (CCMC) and the Center for Audit Quality (CAQ) on October 13 at 11:00am ET, for a joint event where we will discuss improvements made to audit quality over the past decade and the importance of auditor independence.
The U.S. auditing profession serves a critical need in ensuring our nation’s capital markets function well and with transparency. The Sarbanes-Oxley Act of 2002 (SOX) was passed in response to a series of events that emphasized the need to realign U.S. auditing processes. The act implemented new rules for corporations, such as new conflict of interest protections and restructuring responsibility to ensure financial reports and complete and accurate. SOX changed the audit environment for the better. This event will focus on the capabilities that public company audit firms have built to continue to maintain high audit quality in an ever-evolving environment, including through a global pandemic.