ELI5: Explain Like I'm 5

Center for Audit Quality

The Center for Audit Quality (or CAQ) is a group of people who help to make sure that companies and organizations use a fair and honest way of keeping track of their money. They help companies and organizations make sure that their financial records are accurate and they help to protect their money to make sure it is safe and secure. The CAQ works with people in finance and accounting, as well as regulators and other groups, to promote quality and honest audits. They also help people learn more about auditing, giving advice, and finding out the truth when needed.