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Independence + Expertise =
Trust & Confidence
The Canadian Centre for Audit Quality (CCAQ) is an independent, non-profit corporation established in 2021 dedicated to advancing confidence in Canada’s public accounting and auditing profession.
Independent audits are a cornerstone of our capital markets — both public and private — and, by extension, the entire economy. By building trust in information and processes – whether financial, ESG, systems or technology – auditors help companies meet the increasing expectations of investors and other stakeholders.
Latest News
Featured
Proxy Disclosure: Audit Committee Transparency Analysis
The Canadian Centre for Audit Quality (CCAQ) has analyzed public company audit committee disclosures for companies in the Toronto Stock Exchange 60 (TSX 60) Index for fiscal periods ending in 2022 and 2023. This publication highlights the various audit committee...
SEC Comment Letter: Firm Reporting and Firm and Engagement Metrics
The CCAQ has written a comment letter responding to the SEC's request for comment on PCAOB-2024-07, Firm Reporting, and PCAOB-2024-06, Firm and Engagement Metrics. We did not support the approval of these final rules by the SEC due to the impact that they would have...
Investor Considerations on Audit Firm Tenure
A good understanding by investors of an audit committee's quality assessment process, the audit committee's role in preserving audit quality, the Canadian regulatory environment, and the audit committee's use of best practices leads to a more informed vote on the...
CCAQ Comment Letter: CAS 240 – Fraud Proposed Amendments
The CCAQ is generally supportive of the proposals in CAS 240, The Auditor’s Responsibilities Related to Fraud in an Audit of Financial Statements and believe most of the new guidance will enhance audit quality. We do, however, have concerns relating to: whether the...
Purpose & Vision
In order for investors to have trust and confidence in a company’s corporate reporting, the information must be complete, accurate, reliable and transparent.
At the CCAQ, our purpose is to support the profession of auditors and public accountants by advancing the trust and confidence among key stakeholders, including investors and the public.
To achieve our purpose, we contribute the perspective of the external audit profession to advance the discussion of key issues affecting audit quality, financial and non-financial reporting, and trust in capital markets.
Who we are
Michael Walke
Michael is an experienced audit and accounting professional who brings to CCAQ more than 35 years of experience gained across multiple senior roles at PwC.
The CCAQ is dedicated to enhancing confidence and trust by advancing high-quality performance by Canadian auditors.
Together with the Board of Directors, Michael’s role is to build CCAQ into a leading public policy and public interest group and establish it as a recognized voice on all matters relating to the audit profession.
For Michael’s full bio, see LinkedIn
Hillary Bell
Director, Stakeholder Engagement and Research
Hillary is an experienced audit and technical accounting professional, with nine years of experience across multiple industries, auditing and accounting standards at both Deloitte and RSM Canada.
For Hillary’s full bio, see LinkedIn
The current members of the CCAQ are:
- BDO
- Deloitte
- EY
- Grant Thornton
- KPMG
- MNP
- PwC
Additional Information
If you, or your organization, would like to learn more about the CCAQ, please contact Michael Walke.
Contact Us
We are pleased to provide an open and transparent forum to enable all interested stakeholders to engage with us directly. We invite you to contact us at:
Tel: 416-505-4132
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