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Investors Press PCAOB to Develop Audit Quality Indicators

Investors Press PCAOB to Develop Audit Quality Indicators

by Starling Insights

Starling Insights Editorial Board

Mar 29, 2023


The US Public Company Accounting Oversight Board's (PCAOB) Investor Advisory Group (IAG) has urged the wrap-up of a long overdue Audit Quality Indicators (AQIs) project. 

The IAG's comments come in response to the PCAOB's November proposal to revise audit quality control standards. "[T]he process of establishing a quality control standard fits simultaneously with the establishment of audit quality indicators," the IAG wrote. “How else can consistent audit quality be maintained if it is not measured and quantified?”

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