CAQ

FEI's ESG Updates Conference to Deliver Key Insights for Finance Professionals Related to SEC and Other Regulatory Sustainability Rules

Retrieved on: 
Thursday, March 14, 2024

MORRISTOWN, N.J., March 14, 2024 /PRNewswire-PRWeb/ -- Financial Executives International(FEI), the association of choice for finance leaders, today announced the agenda for the ESG Updates Conference. The event will be hosted virtually on March 26 and 27 and will focus on the most top-of-mind questions among finance leaders around recent regulatory updates. Attendees are eligible to receive up to 12 CPE credits.

Key Points: 
  • MORRISTOWN, N.J., March 14, 2024 /PRNewswire-PRWeb/ -- Financial Executives International (FEI), the association of choice for finance leaders, today announced the agenda for the ESG Updates Conference.
  • The event will be hosted virtually on March 26 and 27 and will focus on the most top-of-mind questions among finance leaders around recent regulatory updates.
  • Conference participants will hear from a leading ESG standard-setter, ESG reporting framework experts, and ESG Controllers and reporting leaders from Fortune 500 Companies.
  • "This year's ESG Updates Conference will help finance leaders combine insight and best practices from presenters with the rigor and the acumen they already possess to accelerate their organization's sustainability reporting."

Audit Committees Prioritize Cybersecurity, Enterprise Risk Management in New Survey

Retrieved on: 
Tuesday, March 12, 2024

NEW YORK, March 12, 2024 /PRNewswire/ -- The "Audit Committee Practices Report: Common Threads Across Audit Committees," a joint effort between Deloitte's Center for Board Effectiveness and the Center for Audit Quality (CAQ), identified cybersecurity as the top priority in the next 12 months.

Key Points: 
  • Respondents cited enterprise risk management (ERM) as the No.
  • "Audit committees are zeroed in on one of their core responsibilities: overseeing enterprise risk programs at large.
  • 1 priority for audit committees, followed by ERM
    Cybersecurity topped the list of committee priorities by nearly 20 percentage points over ERM.
  • When considering what additional expertise would enhance the audit committee's effectiveness, cybersecurity was highlighted as the top area (44%).

FERF'S 14th Annual Public Company Audit Fee Study Reveals Preparers and Auditors Expand Cooperation Amid Calm Period Before Turbulent Horizon Involving ESG, AI, and More

Retrieved on: 
Tuesday, November 14, 2023

MORRISTOWN, N.J., Nov. 14, 2023 /PRNewswire-PRWeb/ -- The Financial Education & Research Foundation (FERF)—the independent non-profit research affiliate of Financial Executives International (FEI)—today released the findings of its 14th Annual Public Company Audit Fee Study. The study looks at various factors affecting financial reporting and external audits.

Key Points: 
  • MORRISTOWN, N.J., Nov. 14, 2023 /PRNewswire-PRWeb/ -- The Financial Education & Research Foundation (FERF)—the independent non-profit research affiliate of Financial Executives International (FEI)—today released the findings of its 14th Annual Public Company Audit Fee Study .
  • Forty-seven percent of member company respondents also indicated an increase in effort to support the external audit while 51 percent reported no change year over year.
  • The shift from voluntary to mandated sustainability reporting remained a major topic of focus for preparers and their auditors.
  • The FERF 2022 Public Company Audit Fee Study Report examines audit fees companies paid to external auditors for auditing and related services for the period between June 2022 and May 2023.

The Inner Circle Acknowledges Matthew Endrizzi as a Distinguished Healthcare Provider for his contributions to the medical field

Retrieved on: 
Thursday, March 2, 2023

LAS CRUCES, N.M., March 2, 2023 /PRNewswire/ -- Prominently featured in The Inner Circle, Matthew Endrizzi is acknowledged as a Distinguished Healthcare Provider for his contributions to the medical field.

Key Points: 
  • LAS CRUCES, N.M., March 2, 2023 /PRNewswire/ -- Prominently featured in The Inner Circle, Matthew Endrizzi is acknowledged as a Distinguished Healthcare Provider for his contributions to the medical field.
  • Dr. Endrizzi earned a Bachelor of Science degree in health medicine and human values from the University of New Mexico in Albuquerque.
  • He received an MD from the University of New Mexico, School of Medicine and completed family medicine residency at Honor Health Osborn.
  • The doctor is associated with American Academy of Family Physicians; American Board of Family Medicine; and American Medical Society for Sports Medicine.

Audit Committee Composition Changing Amid Expanded Scope and Emerging Risks, According to New Report from Deloitte and the Center for Audit Quality (CAQ)

Retrieved on: 
Friday, January 13, 2023

WASHINGTON, Jan. 13, 2023 /PRNewswire/ -- Corporate boards are taking a fresh look at their audit committee structures and practices in light of emerging corporate reporting areas and increased risks, according to a new survey and collaborative report from Deloitte's Center for Board Effectiveness and the Center for Audit Quality (CAQ).

Key Points: 
  • Audit Committee Composition Changing Amid Expanded Scope Emerging Risks: Deloitte and Center for Audit Quality Report
    "Audit Committee Practices Report: Priorities and Committee Composition," a survey of 164 audit committee members of primarily large-cap, public companies in the U.S., provides insight into shifting oversight priorities and practices related to audit committee composition.
  • Over the next 12 months, one-quarter of respondents expect to make changes to the composition of their audit committee, with 25% anticipating increasing the size of their audit committee, 28% planning on replacing their audit committee chair, and 42% expecting to replace one or more committee members.
  • "Audit committees continue to be challenged by 'scope creep' — new demands that involve overseeing areas of disclosure and reporting that extend beyond their historical core responsibility of financial reporting and audit oversight.
  • As a result, audit committees are considering if their composition needs to change," said Krista Parsons , Audit & Assurance managing director with Deloitte's Center for Board Effectiveness and Audit Committee Program leader.

Cherry Bekaert Joins Accounting+ to Advance Diversity, Equity, and Inclusion Within Profession

Retrieved on: 
Wednesday, January 11, 2023

Cherry Bekaert is pleased to join Accounting+ to promote DE&I and champion future generations in accounting.

Key Points: 
  • Cherry Bekaert is pleased to join Accounting+ to promote DE&I and champion future generations in accounting.
  • "We are proud to join Accounting+ alongside other prominent firms to engage and lay the foundation for a more diverse accounting workforce.
  • We champion DEI and strive to create a workplace where anyone can come to find their space and create their future."
  • "As we reimagine the future of the accounting profession, we stand by our commitment to excellence," said Michelle Thompson , Chief Executive Officer, Cherry Bekaert Advisory LLC.

FERF'S 13th Annual Public Company Audit Fee Study Reveals SPAC, Acquisitions and Organizational Structure Changes Increased Audit Scope and Fees

Retrieved on: 
Monday, November 7, 2022

MORRISTOWN, N.J., Nov. 7, 2022 /PRNewswire-PRWeb/ -- The Financial Education & Research Foundation (FERF)—the independent non-profit research affiliate of Financial Executives International (FEI)—today released the findings of its 13th Annual Public Company Audit Fee Study. The Study looks at various factors affecting financial reporting and external audits. This includes value derived from external audits; auditor insights; process efficiencies for public company preparers; and key factors driving audit fee changes.

Key Points: 
  • This includes value derived from external audits; auditor insights; process efficiencies for public company preparers; and key factors driving audit fee changes.
  • The fee, scope, and effort increases were driven by a variety of factors to include acquisitions, organizational structure changes, and ICFR changes not related to the hybrid work environment among others.
  • Forty-nine percent of public company respondents stated that the use of data analytics and emerging technologies improved the quality of their audit.
  • The FERF 2021 Public Company Audit Fee Study Report examines audit fees companies paid to external auditors for auditing and related services for the period between June 2021 and May 2022.

60% of Canadians say Québec is moving farther away from the rest of the country

Retrieved on: 
Wednesday, September 21, 2022

"Our survey findings reveal that most Canadians feel Qubec is moving farther away from the rest of the country at this moment, but they don't seem concerned that the province will actually separate," said David Boudeweel-Lefebvre, CEO of Boudeweel Public Affairs.

Key Points: 
  • "Our survey findings reveal that most Canadians feel Qubec is moving farther away from the rest of the country at this moment, but they don't seem concerned that the province will actually separate," said David Boudeweel-Lefebvre, CEO of Boudeweel Public Affairs.
  • For the most part, Canadians outside Qubec aren't giving Premier Legault a blank cheque, and a significant portion say he could weaken national unity."
  • After factoring out survey respondents who said they aren't sure whether Qubec is moving closer or farther away from the rest of Canada:
    61% from the rest of Canada, as well as 59% within Qubec, said the province is moving farther away or at least slightly farther away.
  • 20% from the rest of Canada, compared to 19% within Qubec, said the province is neither moving closer nor farther away.

Women in Governance's 2022 Annual Recognition Gala in Montreal to celebrate 64 prestigious organizations awarded its Parity Certification™

Retrieved on: 
Thursday, September 15, 2022

Despite the pandemic, a record number of organizations have submitted their application to obtain the Parity CertificationTM in 2021.

Key Points: 
  • Despite the pandemic, a record number of organizations have submitted their application to obtain the Parity CertificationTM in 2021.
  • To celebrate this remarkable success, WiG is holding its prestigious Annual Recognition Gala today at Le Palais des congrs de Montral.
  • Thankfully, there is still a few weeks left for organizations to join our 2022 Parity Certification!"
  • The organization pursues its mission with its Parity CertificationTM, inspiring events, as well as governance training and mentoring programs.

Record Number of PAs Earned Initial Certification in 2021

Retrieved on: 
Thursday, August 11, 2022

JOHNS CREEK, Ga., Aug. 11, 2022 /PRNewswire/ -- 10,950 PAs earned their initial certification in 2021 alone, marking the greatest number of newly Certified PAs according to the National Commission on Certification of Physician Assistant's (NCCPA) 2021 Statistical Profile of Certified PAs. This latest and most comprehensive data on Certified PAs reports that there were 158,470 Certified PAs in the U.S. at the end of 2021. With the number of Certified PAs growing by 28.7% in five years, the report reflects a profession that is growing steadily, and increasing in its capacity to specialize in areas with growing needs whether by area of practice, practice setting or geographically:

Key Points: 
  • NCCPA's Latest Statistical Profile of Certified PAsShows Growth, Job Satisfaction and Higher Salaries
    JOHNS CREEK, Ga., Aug. 11, 2022 /PRNewswire/ -- 10,950 PAs earned their initial certification in 2021 alone, marking the greatest number of newly Certified PAs according to the National Commission on Certification of Physician Assistant's (NCCPA) 2021 Statistical Profile of Certified PAs .
  • This latest and most comprehensive data on Certified PAs reports that there were 158,470 Certified PAs in the U.S. at the end of 2021.
  • Rhode Island (48%), Mississippi (47.2%) and Indiana (46%) experienced the highest percentage of growth in the number of Certified PAs.
  • In addition to a growing profession, NCCPA's 2021 Statistical Profile of Certified PAs reports high job satisfaction and substantial increase in average income among Certified PAs.