The Audit Commission has published two important reports on the quality of the work of its appointed auditors for our stakeholders, which include our sponsoring departments, audited bodies, the wider accounting and auditing profession and other interested parties.
The first is the Audit Commission's quality review process (annual report November 2009) that summarises the results of our quality review of the work of the audit practice and the firms of private sector auditors that we appoint as auditors to local government and NHS bodies.
The second is the Audit Practice annual quality report (November 2009) that summarises the results of the quality review of the work of the Commission's own staff as auditors to local government and NHS bodies, including the views of the Audit Inspection Unit that carried out an independent review of our work.
The publication of the Audit Commission's audit practice annual quality report is one of a range of measures aimed at demonstrating our commitment to delivering audit quality.
It assures audited bodies and stakeholders about the arrangements in place and the underlying strength of the Commission's audit practice and compares our audit practice with the firms and the other audit agencies.