Observations
Sep 05, 2024In its recent annual report, Hong Kong's Accounting and Financial Reporting Council (AFRC) highlighted late auditor resignations and a lack of professional skepticism as major issues tarnishing auditors' credibility.
Compendium
Jun 07, 2023While this report largely focuses on the financial sector, the audit industry is itself essential to a well-functioning system. And, in recent past years, audit firms globally have suffered from similar culture and conduct concerns as financial institutions.
Compendium
May 15, 2022