The Financial Reporting Council has said we need better early warning systems for poor audit quality

I was intrigued by a press release from the Financial Reporting Council, issued today. In it they said: Early warning systems need to be enhanced to drive improvements in audit quality Tools for flagging signs of poor quality audits should be used more effectively so timely corrective action can be taken, according to a major review of […]

source https://thebtrader.com/2020/05/06/the-financial-reporting-council-has-said-we-need-better-early-warning-systems-for-poor-audit-quality/?utm_source=rss&utm_medium=rss&utm_campaign=the-financial-reporting-council-has-said-we-need-better-early-warning-systems-for-poor-audit-quality