The highest standard of quality in the provision of professional services is imperative for the Chartered Accountancy profession; and even more so for those Chartered Accountants who are also Registered Auditors.
Audit quality is essential to the fulfilment of the objectives on an independent external audit. Consistent and sustainable high audit quality contributes to ensuring the continued relevance and value of audit and assurance services, which in turn are essential in providing trust and confidence to the users of historical financial information, and increasingly also to users of information other than historical financial information.
