Audit Quality and Independence

• Governance and accountability: leadership, culture, clear responsibilities and appropriate allocation of people and resources.
• Practice management and engagement support: quality management, technical consultation, specialist support and engagement quality reviews.
• Methodology and technology: a consistent audit approach, professional learning, digital workflows and engagement milestone monitoring.
• Monitoring and remediation: evaluation of quality, identification of deficiencies, root cause analysis and follow-through on corrective action.

Quality considerations inform engagement acceptance, team selection, planning, execution, supervision, review and reporting. Significant judgements and emerging concerns receive attention at the appropriate level, with consultation and escalation where needed.

We assess independence, potential conflicts of interest and other ethical considerations when accepting and continuing engagements and when considering additional services or relationships. We identify and evaluate threats to compliance with ethical requirements and address them appropriately. Where applicable requirements cannot be met, we do not accept or continue the engagement.

Protecting confidential information is part of our professional responsibility. We encourage our people to raise questions and concerns, exercise professional scepticism and seek support when faced with difficult judgements.