Among the Big Four, 90% of audits were rated good or generally acceptable, with only one audit identified as needing ...

The report also found a correlation among centralization, standardization and audit quality. The amount of centralized and standardized processes, tools and templates at the audit firms can help ...

This marks a slight decline from the 71% recorded in 2023, although the report notes that the average audit quality is likely to be higher due to the targeted selection of complex or challenging ...