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Discover LudwigThe phrase "audit quality" is correct and usable in written English.
It can be used when discussing the effectiveness, reliability, and overall standard of an audit process or its outcomes.
Example: "The firm has implemented several measures to enhance audit quality and ensure compliance with regulatory standards."
Alternatives: "audit effectiveness" or "audit standards".
Exact(60)
This study investigates the association of audit fee pressure with an inverse measure of audit quality, misstatements in audited data, during the recent recession.
"We don't compromise on audit quality," he said.
There is no evidence that broad scope of services has an adverse effect on audit quality.
Audit quality has been and continues to be our No. 1 priority".
And the PCAOB has begun its inspections of audit quality and internal controls at auditing firms.
The panel said it could find no evidence that providing non-audit services had hurt audit quality, and in approximately 25percentt of the cases it actually improved audit quality.
"There's a lot of experience that would say restricting services [doesn't] necessarily enhance audit quality or enhance relevance".
The rules proponents counter that such a requirement would create more accountability and transparency, as well as improve audit quality.
PricewaterhouseCoopers issued a statement saying: "We are fully committed to supporting the S.E.C.'s efforts to enhance audit quality and investor protection.
Mr. Echevarria emphasized in an interview that the firm was investing in training, and spoke of a desire to be the leader in audit quality.
report, issued in 2003, found that "mandatory audit firm rotation may not be the most efficient way to enhance auditor independence and audit quality".
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