News Centre

AFRC presents key findings and insights from its Inspection and Investigation & Compliance Reports to strengthen Transparency, Regulation, and Development
29 Jul, 2025

The Accounting and Financial Reporting Council (AFRC) today released two reports: the Annual Inspection Report and the Annual Investigation and Compliance Report for the year ended 31 March 2025. The profession is making progress in improving audit quality, supported by a clear commitment from firms in enhancing the quality of their audit work.  However, recurring audit deficiencies remain, indicating the need for further improvements to ensure consistency and reliability across the profession.

 

For details, please click here.