Public Reporting - Audit Quality Review Board (AQRB)

AQRB: Public Reporting

Reporting will be publicly visible in the following ways:

• Each Participating Firm (PAF and PMAF) will file a Quality Control Report (QCR) outlining how they comply with the relevant independence and quality standards. These reports will be public.
  
• AQRB will carry out a review of firms that have agreed to be monitored by AQRB and it will publish a summary report of each such review. A more detailed report that may contain commercially sensitive material or detailed comments will be made to the monitored firm which will not be made public.
  
• An annual report will be published by AQRB commenting on the overall review process.