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.