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1 Oct. 2018

Audit Quality in Australia: The Perspective of Audit Committee Chairs

The Auditing and Assurance Standards Board are pleased to release Audit Quality in Australia: The Perspective of Audit Committee Chairs, reporting on the results of a survey conducted jointly with the FRC to gather the perspective of ASX 300 Audit Committee Chairs (ACCs) on audit quality. 

ACCs are an important constituency in the discussion about audit quality, as they play an integral role in aiding and assessing the performance and quality of their external auditor. 

This report details the results of the survey, as well as further insights on ACCs’ perspectives on audit quality. The report aims to assist audit committees and auditors as they work together with the goal of improving audit quality, and ultimately the integrity of financial reporting.