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We believe that how we continuously improve audit quality, manage risk and maintain our independence as auditors should be transparent to stakeholders. We value regular dialogue, and this 2023 Transparency Report of Ernst & Young (EY Australia) is one of the ways in which we update our stakeholders on what we are doing in each of these areas.
The execution of high-quality audits with independence, integrity, objectivity and professional scepticism is central to serving the public interest and is our top priority.
Companies, regulators and other stakeholders count on us to deliver excellence in every engagement, and to support this, we are committed to continuous improvement and providing an environment in which auditors can thrive. This includes recruiting, developing and retaining talented people and nurturing their careers, embracing innovation, encouraging simplification and critically evaluating the work of audit teams to identify areas for improvement. We strongly believe our multi-disciplinary firm model, with highly experienced subject-matter specialists is key to delivering high-quality audits and meeting the audit needs of a complex business.
Download EY Australia Transparency Report 2023
Summary
2023 EY Australia Transparency Report covers the year ended 30 June 2023 as well as some recent relevant events. This report embraces the transparency objectives of Australia’s Corporations Act and the European Union’s Regulation 537/2014.
In this report you can learn about our commitment to Sustainable Audit Quality (SAQ), including how we instil professional values, the performance of audits and internal quality control, as well as our independence practices and how we are creating long term value for our people and society.