The Center for Audit Quality is responsible for the oversight of the peer review process for registered audit firms.

Question

Quizplus · Accepted Answer

The Center for Audit Quality (CAQ) is not responsible for the oversight of the peer review process for registered audit firms. This responsibility falls to the American Institute of Certified Public Accountants (AICPA) for its member firms and the Public Company Accounting Oversight Board (PCAOB) for firms auditing public companies.

The Center for Audit Quality Is Responsible for the Oversight