Audit quality is fundamental to our ambition to be the most trusted and trustworthy firm. As an accounting firm that puts quality as our highest priority, we also need to have timely and transparent two-way communications with regulators, our clients and other stakeholders regarding what audit quality means to us and the measures that we are taking to maintain and continuously improve audit quality. For this reason we are publishing our 2022 KPMG HK Audit Quality Report. This report summarises the initiatives that we are implementing and the investments we are making to drive audit quality.
The report includes:
- What audit quality means to us;
- Audit quality actions in 2022;
- Our commitment to audit quality;
- Driving audit quality through digitalisation, specialist involvement, engagement execution, consultation and technical support;
- Support and development of our people;
- Our commitment to continuous improvement through audit quality monitoring, root cause analysis and quality action plans; and
- Our commitment to and investment in ESG.