FRC publishes Audit Quality Inspection Reports for Deloitte LLP, Ernst & Young LLP, KPMG LLP and PricewaterhouseCoopers LLP
News types: Inspection
Published: 31 May 2013
PN 052
The FRC has today published Audit Quality Inspection reports for Deloitte LLP, Ernst & Young LLP, KPMG LLP and PricewaterhouseCoopers LLP. Reports on these firms are currently published annually. The publication of these reports concludes the FRC’s routine reporting on the 2012/13 cycle of audit inspections.
Notes to editors:
The FRC is responsible for promoting high quality corporate governance and reporting to foster investment. We set the UK Corporate Governance and Stewardship Codes as well as UK standards for accounting, auditing and actuarial work. We represent UK interests in international standard-setting. We also monitor and take action to promote the quality of corporate reporting and auditing. We operate independent disciplinary arrangements for accountants and actuaries; and oversee the regulatory activities of the accountancy and actuarial professional bodies.
The FRC has today published Audit Quality Inspection reports for Deloitte LLP, Ernst & Young LLP, KPMG LLP and PricewaterhouseCoopers LLP. Reports on these firms are currently published annually. The publication of these reports concludes the FRC’s routine reporting on the 2012/13 cycle of audit inspections.
Notes to editors:
The FRC is responsible for promoting high quality corporate governance and reporting to foster investment. We set the UK Corporate Governance and Stewardship Codes as well as UK standards for accounting, auditing and actuarial work. We represent UK interests in international standard-setting. We also monitor and take action to promote the quality of corporate reporting and auditing. We operate independent disciplinary arrangements for accountants and actuaries; and oversee the regulatory activities of the accountancy and actuarial professional bodies.