Independent Standard-Setting
In November 2009, the CAQ joined with the Council of Institutional Investors, the Investment Company Institute and the United States Chamber of Commerce Center for Capital Market Competitiveness in a letter to discourage leaders of the House Financial Services Committee from taking actions that would potentially impact the independence of accounting standard-setting.
In May, 2010, the CAQ joined with the AICPA, the CFA Institute, the Council of Institutional Investors, Financial Executives International, the Investment Company Institute and the U.S. Chamber of Commerce on a letter to U.S. Senate leadership voicing concern over possible amendments that would legislate accounting standards.
Read more about this topic: Center For Audit Quality
Famous quotes containing the word independent:
“The ability to secure an independent livelihood and honorable employ suited to her education and capacities is the only true foundation of the social elevation of woman, even in the very highest classes of society. While she continues to be educated only to be somebody’s wife, and is left without any aim in life till that somebody either in love, or in pity, or in selfish regard at last grants her the opportunity, she can never be truly independent.”
—Catherine E. Beecher (1800–1878)