The phrase "audit regulator" is correct and usable in written English.
It can be used to refer to an organization or authority responsible for overseeing and enforcing standards in auditing practices.
Example: "The audit regulator has implemented new guidelines to ensure transparency and accountability in financial reporting."
Alternatives: "auditing authority" or "audit oversight body".
The Institute of Directors has criticised government plans to include oversight of corporate governance in the remit of the new audit regulator over concerns that it could create confusion and lead to harsher regulation of businesses.
In fact, grades are today given by the audit regulator in the U.K., but the process is far from transparent.
In contrast, proposals to have the audit regulator select or approve the auditor do not have this effect.
See Michael Rapoport and Andrew Ackerman, "SEC Weighs New Names to Lead Audit Regulator," The Wall Street Journal, September 10 , 2015 at C-3.
This report — known popularly as the "Kingman Review" — was commissioned by the U.K. government and focused on the U.K.'s audit regulator, the Financial Reporting Council (or "FRC").
The ad grabbed my photo and said "Picture yourself at PCAOB," suggesting I might like a job as an audit regulator or inspector.
The commission wants the American authorities to agree to involve European audit regulators in any such inquiry.
Our findings should be of particular interest to audit regulators that currently include, or are considering including, lists of deficiencies in firm-specific reporting.
A report from the International Forum of Independent Audit Regulators showed evidence that there were serious problems with 40% of the audits inspected that year.
A14 Accusation Prompts Audit Regulators have ordered an audit of Duke Power's financial statements to determine if the company underreported income to avoid cutting rates for two million customers in North Carolina and South Carolina.
Audit committees should assess audit quality with regard to enquiry, observation and how the auditor addresses findings by audit regulators.
