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At PwC, we understand the importance of transparency and quality in building trust.
Building trust is central to the firm’s purpose - it is at the core of what we do and how we operate.
In 2020 we started our work to provide greater transparency about our audit business. This year, we are providing even greater insight into our work in, and commitment to, audit quality.
Audit Leader Rich Day talks about this year’s Transparency Report and the big issues facing audit in New Zealand.
This report focuses on the work we are doing to build trust through greater transparency. It includes:
The observations and recommendations made by our independent Audit Advisory Board.
Insights into the rise of non-financial and ESG reporting.
Commentary on the lasting effect of COVID-19 on audits including the impact of closed borders and the sustainability of the profession.
Information on how our firm is governed, the culture and values that guide us as well as detail on the quality management system that the audit practice operates can be found on our website here.
We look forward to leading conversations with our clients and other stakeholders about the role and future of audit in this country.