ASEAN and Big Four tackle audit issues

Multiple-choice questions: In order to be awarded CPD units you must answer the following five random questions correctly. If you fail the test, please re-read the article before attempting the questions again

  1. How are regulators hoping to improve audit quality in the region?

  2. What are the root causes of repeat inspection findings?

  3. What is the aim of the 25 percent goal?

  4. What is the ultimate goal in improving audit quality?

  5. IFIAR 2016 inspection survey found high rates of inspection findings in which areas?

  6. Why is the World Bank working with the AARG?

  7. What does this quantifiable milestone represent for firms and regulators?

  8. How many findings constitute deficient audit?

  9. What are the broader ultimate goals of improved audit quality?

  10. Why is the CFRR organising separate workshops for non-AARG members?