Commentary: Audit Transparency Disclosures Give Investors New Tools
Over the course of the past year, a treasure trove of new disclosures about audits of U.S. public companies has started to become available to investors. And there is more to come.
These disclosures respond to investor demand and arm investors with new tools to evaluate the quality of an audit and, ultimately, through shareholder engagement, voting on audit committee members, and ratification of the auditor, the ability to promote reliable audits.
What are the new disclosures, and when and where can an investor find them?