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AFRC holds Briefing on its 2022 Annual Inspection Report to urge Quality Control System Responsible Persons of registered PIE auditors to enhance audit quality
27 Sep, 2023

To urge quality control system responsible persons (QCSRPs) of the registered PIE auditors to duly discharge their responsibilities in enhancing audit quality, the Accounting and Financial Reporting Council (AFRC) held a briefing session on its 2022 Annual Inspection Report on 22 September 2023, which was attended by over 40 target participants. 

 

Ms Janey Lai, Head of Inspection, said, “The QCSRPs of registered PIE auditors are the most important gatekeepers within the firms as they hold the ultimate responsibility and accountability for the firms’ audit quality.  Given their important roles, they should develop and strengthen a culture that fosters audit quality in the public interest.”

 

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