Strengthening our focus on audit quality

We are committed to continually improving and strengthening audit quality and that is why we have introduced measures to ensure we deliver consistently high quality audits that meet the needs of investors, companies and society.

Three areas of focus

  • Investing an additional £30 million annually, targeted on training, people and technology initiatives
  • Doubling the face-to-face training programme for all our experienced auditors 

  • Creating a new national ‘digital audit team’ focused on the development and roll-out of innovative technologies that will drive audit quality

  • Hiring over 500 additional experienced auditors across the UK

  • Creating a practice with a focus on external audit and strengthening its governance with our Independent Non-Executives
  • Undertaking a comprehensive review of the entities that we audit to ensure we achieve a return that allows continual investment in and focus on quality

  • Increasing by two-thirds the number of specialists in our audit quality control team to enable them to conduct real-time reviews of ongoing audits

  • Commissioning an independent paper from Karthik Ramanna, Professor of Business & Public Policy at the University of Oxford’s Blavatnik School of Government, on what a culture of challenge means for auditors in 2019. This will help inform our training and policies within the audit practice

Contact us

Kevin Ellis

Kevin Ellis

Chairman and Senior Partner, PwC United Kingdom

Hemione  Hudson

Hemione Hudson

Head of Audit, PwC United Kingdom

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