The Center for Audit Quality (CAQ) has elected PwC US chairman Robert Moritz as its new governing board chair. He succeeds James Turley, chairman and chief executive officer of Ernst & Young.
The new CAQ co-vice chairs are Crowe Horwath chief executive Charles Allen and Harvey Goldschmid, the former commissioner of the US Securities and Exchange.
“The critical role of the public company auditor in enhancing the credibility and reliability of financial reporting in service of the investing community and capital markets has never been more visible,” Moritz said.
“I applaud the CAQ’s leadership, along with others, in helping the profession continuously improve audit quality,” the new governing board CAQ chair concluded.
The CAQ is a prominent US lobby group that provides research and public policy positions on behalf of 650 audit firms.