Audit Market Supervision (overview)
Audit Market Supervision (AMS) takes a cross-firm and market-wide view of the factors that affect audit quality and the resilience of the UK PIE audit market.
Audit Market Monitoring
Audit Market Monitoring (AMM) monitors developments in the market for statutory audit services to public-interest entities.
Systems of Quality Management Monitoring
We monitor the largest twelve audit firms’ compliance with the quality management standards (ISQM (UK) 1 & ISQM (UK) 2), which came into effect on 15 December 2022.
Governance, Leadership and Culture
We promote good governance and leadership at the largest audit firms because well-governed and well-run audit firms are more likely to deliver consistently high-quality audits and to be operationally and financially resilient.
Risk and Resilience
We assess and monitor various aspects of the larger firms’ operational and financial resilience.
Firm Metrics
Audit Firm Metrics provide consistent and comparable information on key factors affecting performance of large audit firms, facilitating meaningful discussions between Audit Committees, their Chairs, investors, and others.