Our commitment to audit quality

At Ernst & Young LLP (EY US or the Firm) we are bringing our bold vision for the future of audit to life, with quality at the center.

We are continuing to transform the EY audit with our multi-year $1 billion investment in technology and talent. We are already using artificial intelligence (AI) and advanced data analytics in our audits, and we are expanding our use of AI and other cutting-edge technologies to enhance audit quality, drive efficiencies and provide better insights. We are also providing our people with opportunities to develop the skills they need to become well-rounded business leaders.

At the same time, our continuous improvement mindset, which we call The EY Way, moves us forward as we continue to innovate and perform work earlier in the audit, while providing a distinctive experience for our clients and our people. We are leveraging the skills and experiences of our people and technology to perform a streamlined, risk-based audit and provide timely sector insights. We expect our use of technology to continue to add value for our clients.

We are proud to announce that our transformation is already having a significant positive impact on our audit practice. We expect our inspection findings rate to fall below 10% when the Public Company Accounting Oversight Board (PCAOB) issues its 2025 inspection report in the coming months. That compares with a findings rate of 28% in 2024. Our 2025 inspection results are among the best we’ve ever had.

We expect to sustain our audit quality due to our ongoing investments. Our journey continues with exciting new AI tools coming in 2026 and continued investments that will deliver an even better experience for our clients and our people.

Performing high-quality audits is essential to maintaining our strong brand. The EY audit promotes confidence in financial reporting and, in turn, the capital markets. With audit quality, independence, accountability and integrity at our foundation, we will continue to evolve how we work and shape the future of the EY audit. We are anticipating the needs of tomorrow and leading the way with confidence.