CAQ and Audit Analytics Gauge Audit Committee Transparency

The Center for Audit Quality and Audit Analytics teamed up on an analysis of 2014 audit committee disclosures in proxy statements to assess the effectiveness of the disclosures by public companies of their relationships with auditors and found that many public companies are suffering from disclosure overload.

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Interesting discussion, but I’m not sure that the information alone means much, unless greater and specific transparency become mandatory, or recognized best practice with consequences.  Dave Tate, Esq. (San Francisco / California)