The International Auditing and Assurance Standards Board has released a new publication with the goal of raising awareness of the key elements of audit quality. The document, “ A Framework for Audit ...

In their continuing pursuit of the highest possible quality in their work, many audit firms produce annual transparency or audit quality reports to inform the public about their efforts. To help audit ...

The Center for Audit Quality has issued a new framework to help auditing firms make disclosures about how they promote and monitor the quality of the audits they perform. Processing Content The CAQ’s ...

A new international framework for audit quality takes a broad look at how the stakeholders in the audit process can work to make audits better. The International Auditing and Assurance Standards Board ...

With each new fraud and "audit failure" divulged in the financial press, more pointed questions are being raised about audit quality. What is it? How do you define and measure it? And, how can audit ...

Recent research conducted by the CMS has highlighted the dominance of two major audit firms within the medical schemes sector. These firms accounted for a substantial 79% of the amounts paid to ...

The need for intelligent and agile cybersecurity auditing has now reached an all time high as organizations encounter an increasingly complex web of regulatory requirements and cyber threats. Opinions ...

The CA Institute has said that its newly-issued audit firm quality management standards do not fall within the definition of “auditing standards”. These two standards —SQM 1 and SQM 2 — issued on ...

The regulator has said it intends to place greater weight on oversight of firms’ internal quality and control systems.

The Institute of Chartered Accountants of India (ICAI) released a new Standard of Quality Management (SQM), potentially clashing with the National Financial Reporting Authority (NFRA). NFRA, regulator ...