REP 78 Audit inspection program

Released August 2006.

Second report to the Financial Reporting Council on the results of ASIC's on-site inspections of audit firms.

This report describes our inspection process together with observations and findings in relation to independence systems and audit quality for the Big Four Firms and selected offices of six Mid-Tier Firms (together referred to as ‘the Firms’ – refer Appendix 1 for details of each firm included in these categories).

Download REP 78 (PDF 195 KB)

Last updated: 01/08/2006 12:00