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Audit committee quarterly update

April 22, 2022 Article 10 min read
Authors:
Diane Kirk
Download our first quarter 2022 update for the latest issues facing audit committees.
Business professionals using a whiteboard in a meeting

This update provides a summary of some of the more important first quarter 2022 accounting, financial reporting, and regulatory activities. The content is not meant to be all-inclusive.

Topics include:

  • Center for Audit Quality (CAQ) audit committee survey
  • Materiality assessment of errors
  • Cybersecurity-related proposals
  • SEC proposes rules to enhance and standardize climate-related disclosures
  • SEC proposes rules to enhance disclosure and investor protection relating to special purpose acquisition companies, shell companies, and projections
  • SEC issues proposal to reduce risks in clearance and settlement of securities
  • Other SEC proposals
  • Accounting and reporting implications of the Russia/Ukraine war

Archived audit committee updates:

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