The reports below set out the results of IAASA's inspections of Public Interest Entity Audit Firms’ overall audit systems of quality control, and of a sample of each firm’s audits of PIEs to establish how those systems are operating. Before reviewing the reports, IAASA recommends the readers review the:
Guide to IAASA’s reports on the quality assurance review of public-interest entity audit firms
The purpose of the guide is to assist readers in understanding IAASA’s public reports on the quality assurance review of PIE audit firms. It sets out what users can expect from the quality assurance review reports and explains how the quality assurance review process drives the form and content of the reports on each quality assurance review.
Eight reports were carried out in respect of audits undertaken in 2019: