The development of financial statement audit quality indicators
Published: July 30, 2026
Abstract
The set of audit quality indicators would improve the transparency of audit, help audit firms to demonstrate their ability and their commitments to provide audit services with high quality. It also promotes a healthy quality-based competition among audit firms. This paper presents the development of financial statement audit quality indicators in the world and draws some lessons learnt for Vietnam. .
Keywords
set of audit quality indicatorsfinancial statementsaudit firmauditor
References
1.
Federation of European Accountants (FEE) (2016), Overview of Audit Quality Indicator Inititative, Information Paper.
2.
Financial Reporting Council (FRC) (2017), Audit Tenders Notes on Best Practice.
3.
Canadian Public Accountability Board (CPAB) (2016), Transparency into the Audit - Audit Quality Indicators and Transparency Reporting.
4.
Financial Reporting Council -FRC, (2008), The Statutory Auditors (Transparency) Instrument 2008.
