Online POBA survey: the current state of audit

Share this content

The Professional Oversight Board for Accountancy (POBA) is carrying out an online survey to identify what accountancy firms and their business clients think about the current state of audit.

POBA, founded in 2004, has set up an audit investigation unit to monitor the profession's audit procedures and compliance with standards. Once the relevant legislation is passed, it will take responsibility for overseeing the regulation of auditors by the recognised accountancy bodies.

The organisation aims to look at the effects of recent regulatory changes, including higher audit thresholds, and the effect of new reporting and auditing standards on companies, users of their accounts and the accountancy profession.

Initially, POBA's focus has been on the quality of audits relating to economically signifi...

Please Login or Register to read the full article

The full article is available to registered members only. To read the rest of this article you’ll need to login or register. Registration is FREE and allows you to view all content, ask questions, comment and much more.


Please login or register to join the discussion.

There are currently no replies, be the first to post a reply.