Audit Firm Culture and Conduct

Published: 23 February 2024

1 minute read

We undertake review work to assess and monitor various aspects of audit culture at the firms, including ethical conduct matters, with a specific focus on the behaviours and mindset that correlate to high-quality audit.

Documents
Name What Makes a Good Environment for Auditor Scepticism and Challenge
Publication date 23 November 2022
Notes The FRC conducted a thematic review setting out the key attributes of a high-quality audit environment that enable professional scepticism and challenge in an audit. This paper includes good practice identified from our supervisory work.
Format PDF, 1.2 MB
Name Review of What Makes a Good Environment for Auditor Scepticism and Challenge by Karthik Ramanna
Publication date 23 November 2022
Notes A commentary on FRC’s thematic review on auditor scepticism and challenge by Karthik Ramanna, a professor of business and public policy at the University of Oxford’s Blavatnik School of Government.
Format PDF, 192.6 KB
Name Audit Firm Culture Report
Publication date 21 November 2022
Type Report
Notes The FRC commissioned independent research agency BritainThinks to conduct research on audit firm culture to support its thematic review on auditor scepticism and challenge.
Format PDF, 860.6 KB
Name Culture Conference - Collection of Perspectives
Publication date 2 December 2021
Type Report
Notes The FRC held a virtual conference on audit firm culture in June 2021. This Collection of Perspectives collates a number of essays written by academics, audit firms, directors, regulators and culture experts, on the themes discussed at the conference.
Format PDF, 2.3 MB

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