Getting to grips with audit quality
The accounting regulator is calling on firms to improve their audit quality control procedures. But how do stakeholders know if a quality audit has been delivered?
Debate: Audit rotation
Will mandatory rotation negatively affect quality
FRC detects lack of scepticism among larger audit firms
Firms not sufficiently sceptical in identified areas of significant risk
Keeping an eye on audit quality
The important messages on audit quality for firms of all sizes
BDO Spain fined over porn company audits
Firm repeatedly failed to exercise professional care and scepticism over audits of US porn company
US watchdog slates standard of broker-dealer audits
PCAOB says auditors still breaking independence rules and failing to improve audit flaws
The financial crisis has led to a closer examination of audited financial statements, will standards be met?
Big six audit quality found wanting
Inspectors found firms are not doing enough to tackle failings
Big six audit quality lacks consistency
FRC finds audit quality of Big Six deteriorates below FTSE 350. PwC top of the pile while Grant Thornton criticised
Lack of consistency in EQC reviews
FRC worries consistently high standard of auditing not being upheld
Loading more results.