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UK audit inspections reveal good progress

Summary by Board Agenda
Save Audit quality in the UK continues to improve, according to watchdogs, who warn they are changing the focus of their regulation and that firms must adapt to the expectations of staff to “retain talent”. The Financial Reporting Council finds that a growing number of audits from the top six firms—86% compared with 74% in the previous year—require only limited improvement. The regulator looked at 104 audits. Of the firms, PwC, KPMG, EY, Deloitt…
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Board Agenda broke the news in on Wednesday, July 16, 2025.
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