We’re helping CPAs improve their audit quality—here’s how
In a rapidly evolving business environment with new technologies changing the way we work, it’s more important than ever for CPAs to commit to performing high-quality audits. That’s why the AICPA launched the Enhancing Audit Quality initiative, or EAQ, in 2014. Through EAQ, the AICPA analyzes data to determine the areas where firms need to improve quality most. Then, we develop relevant, free resources and education firms can use in their practice.
In the past few months, EAQ has helped the profession make further progress toward improved audit quality. Read the “Enhancing Audit Quality: 2018 Mid-Year Progress Report” below to learn more about that progress and to access free resources you can use to improve your audits.
See previous reports on EAQ’s progress at aicpa.org/EAQhighlights. And if you’d like to learn more about some of our areas of focus, be sure to attend ENGAGE this June, which will feature sessions on risk assessment, documentation and other auditing topics.
Carl R. Mayes, Jr., CPA; AICPA Senior Manager, Special Projects – Public Accounting, Association of International Certified Professional Accountants
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Source: AICPA