Audit committee quarterly update
Download our first quarter 2022 update for the latest issues facing audit committees.

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