Audit Quality Forum

Find out more about the forum and download publications from all three AQF series

About the Audit Quality Forum

ICAEW Audit and Assurance Faculty set up the Audit Quality Forum in 2004 at the request of the Secretary of State for Trade and Industry.

Its aim is to promote quality and confidence in corporate reporting.

Global challenges

The Forum is currently focussed on its fourth work programme, Global challenges. The series covers:

  1. How national infrastructures affect audit quality.
  2. What makes financial statements reliable.
  3. The auditor’s potential role in managing systemic risk.
  4. The provision of non-audit services by auditors.

Evolution

The Evolution series looked at how internationally, audit might evolve because of changes in corporate governance, including the growing importance importance of audit committees, changes in the expectations that various stakeholders have of audit, and changes in financial reporting practice.

Fundamentals

The Fundamentals series broadened the focus of the Audit Quality Forum to examine the relationships between shareholders, boards, auditors, regulators and other shareholders in the audit.

Shareholder involvement

The Audit Quality Forum’s Shareholder Involvement work programme was established to support shareholder involvement in the audit process.

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