The Commission reviews the quality of work of all our audit suppliers. In doing so, we place reliance on the work of the independent Audit Inspection Unit. We also review and use the results of audit suppliers’ internal quality monitoring programmes, and we monitor their compliance with our regulatory requirements.
The results of these reviews of 2009/10 audits are summarised in the Quality Review Programme: Annual Report 2011.
The objectives of this report are to:
- provide assurance the Commission's audit suppliers have put in place systems and processes to deliver audit work of an appropriate quality; and
- provide information to help us make audit appointments.
The report concludes all audit suppliers are meeting the:
- Commission's regulatory requirements and standards of performance; and
- professional auditing standards requirements
Earlier reports are also available on this page.