US accounting regulator says audit quality improved after crackdown
The regulator found flaws in 39 per cent of audits it inspected last year, down from 46 per cent in 2023. Among the Big Four ...
Devdiscourse1d
Audit Quality Concerns Raised by NFRA Against Major Audit Firms
The National Financial Reporting Authority (NFRA) has identified audit quality issues in three firms—SRBC & Co LLP, Deloitte ...
US Auditors Boost Quality Scores After Covid-era Spike in Flaws
Accounting firms have started reversing a pandemic-era trend of mounting audit violations, with the largest firms leading the ...
Tax Guru12d
Joint Audit as a Tool to Enhance Audit Quality
1. Improved Audit Quality: By involving two or more audit firms, joint audits leverage the diverse expertise and perspectives of different auditors. This collaborative approach can lead to a more ...