AUDIT COMMITTEE AND AUDITOR OVERSIGHT UPDATE

The Center for Audit Quality (CAQ) and Ideagen Audit Analytics (IAA) have released the Audit Committee Transparency Barometer 2025  ( Barometer 2025 ), the twelfth edition of the CAQ’s annual analysis of audit committee disclosures. The press release  announcing Barometer 2025  reports that “while skills matrix disclosure continues at high rates and disclosure of cybersecurity expertise on boards has grown, most disclosure areas have stagnated or declined.”  Key findings of

Auditors frequently face client incivility -- “low-intensity deviant behavior with ambiguous intent to harm the target” – and, when they do, they are less likely to challenge aggressive financial reporting.  There are, however, coping strategies that may reduce the adverse effects of client incivility on the auditor’s judgment. These are some of the findings of The Influence of Client Incivility and Coping Strategies on Audit Professionals’ Judgments , a survey and experiment