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ISQM1: early findings from quality assurance monitoring

The International Standard on Quality Management 1 (ISQM1) replaced ISQC1 in December 2022 to help firms proactively manage audit quality. We look at the early findings and highlight what QAD will be looking for in 2024.

Local public audit in England

ICAEW is responsible for the licensing, registering and monitoring of auditors who wish to carry out audits of local public bodies. This page explains what accountancy firms and individuals need to do to become a registered local auditor under the Local Audit and Accountability Act 2014.

Large firm audits achieve best performance

The latest Audit Monitoring Report shows improvements at the largest seven firms, though audits across the board showed a slight dip in quality.

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