MAB summary of round table discussion on Audit Quality Indicators

A roundtable meeting was held on on the search for suitable audit quality indicators, or AQIs. No fewer than four project groups of the ‘Quartermasters’ for the Future of Accountancy are currently working on the development of AQIs.

But does audit quality actually allow itself to be captured in AQIs? What place can they occupy in the assessment of quality? Are audit quality and AQIs the same for different stakeholders? And above all: how do AQIs fit into the bigger story of auditor and audit firm, for example in the transparency reports? All these questions were addressed during the roundtable discussion organized by the Monthly Journal of Accountancy and Business Economics (MAB) and the Foundation for Auditing Research.