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Quality needs to be at the heart of audit reform

By John Griffith-Jones
on 16. 04. 2012

By John Griffith-Jones, UK Chairman of KPMG LLP

When the European Union launched its plans to reform the audit market across 27 countries, the proposals referenced the word ‘quality’ no less than 113 times. Robust audits were held to be the key to re-establishing trust and market confidence following the 2008 financial crisis.