New Audit Quality Milestone For ASEAN - Four ASEAN Audit Regulators Have Agreed With The Four Largest Audit Firms In The Region On A Measurable Goal To Improve Audit Quality

Four ASEAN audit regulators and Big-Four1 audit firms in the region have collectively agreed on a measurable goal to improve audit quality. This initiative was announced at the ASEAN Audit Regulators Group (AARG)’s 5th annual Audit Inspection Workshop held in Kuala Lumpur from 21 to 22 February 2017. The Workshop also saw AARG embark for the first time, on a long term collaboration with World Bank to further strengthen audit oversight practices in the region.