Over the last 10 years, the Center for Audit Quality (CAQ) has worked with Ideagen Audit Analytics to create an annual Audit Committee Transparency Barometer. The Barometer measures year-over-year comparison of disclosures for S&P 500, S&P MidCap, and S&P SmallCap … Continue reading
Category Archives: Cybersecurity
Impending SEC Cybersecurity Rules: What Lies Ahead for Tech Titans
The SEC’s new rule on cybersecurity has finally been issued. As I sit here pondering what it means, I keep reflecting on a conversation a colleague and I once had about Microsoft. The final decision to disclose cybersecurity breaches will … Continue reading
Fourth Annual Cybersecurity Report Released
Audit Analytics released its fourth annual Trends in Cybersecurity Breaches report last week. This report delves into trends in cyber breaches disclosed by public companies since 2011. The analysis, covering 2011 through 2020, examines more than a decade worth of … Continue reading
2021 Audit Committee Transparency Barometer
Now in its eighth year of publication, the Audit Committee Transparency Barometer, released by the Center for Audit Quality (CAQ) on November 10, 2021, continues to provide investors with unique insight into the disclosures made by audit committees in proxy statements each … Continue reading
Companies that Experience Cyber Incidents See Higher Audit Fees
Cybersecurity is an ongoing concern for managing an evolving information technology (IT) control environment. In addition to costs related to investigation, remediation, and reputation, cyber incidents also impact costs related to the audit of internal controls. Companies that have a … Continue reading
AQRM Red Flags: Controls
The Audit Analytics Accounting Quality + Risk Matrix (AQRM) makes it easy to identify accounting, audit, and governance red flags for public companies. This blog series breaks down the risks associated with specific firm-level events included in the AQRM. Red flag events … Continue reading
Importance of Internal Controls for Cybersecurity
The greater use of computer technologies to conduct business increases the risk of cybersecurity incidents and data incidents at public companies. To minimize the possibility of exposures, it is necessary for both corporations and auditors to have an understanding of … Continue reading