Industry think-tank turns two years old
The Audit Quality Forum celebrates its second anniversary today.
The body was launched two years ago to facilitate business and the profession working together to promote constructive dialogue in areas that required further exploration because of their technical, legal and practical nature.
The AQF's first five topics included audit engagement letters, identifying the audit partner, questions to the auditor at the AGM, auditor resignation statements and competition and choice in the listed audit market.
The AQF can be credited for putting out an interim paper on Competition and Choice, and then called for further research, subsequently commissioned by the DTI and the FRC, resulting in the publication of the Oxera report.
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