Enhancing Audit Quality

The CPA profession is highly regarded for its commitment to excellence and protecting the public. In the face of increased business complexity, we must strive to continue providing quality services. As a result, the AICPA launched the Enhancing Audit Quality initiative in May 2014, followed by the 6-Point Plan to Improve Audits in May 2015. EAQ is a holistic effort to consider auditing of private entities through multiple touch points, especially where quality issues have emerged. The goal is to align the objectives of all audit-related AICPA efforts to improve audit performance.

Employee Benefit Plan Quality Resources

The Employee Benefit Plan (EBP) financial reporting process typically involves many parties, both inside and outside the sponsor organization. Plan management hires various individuals to perform recordkeeping and reporting functions.

Further details are included in the Employee Benefit Plan Financial Statements flyer.

Access numerous resources related to audits of Employee Benefit Plans, including the

EBP Audit Certificate

EBP Audit Competency Framework and

EBP Audit Quality Center.


A Data-Driven Approach to Enhancing Audit Quality

The AICPA’s Enhancing Audit Quality initiative (EAQ) aims to drive high-quality audit performance in an evolving business environment. How? By transforming audit data into valuable insights and tools to support auditors, auditees and other stakeholders.

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