The Foundation for Audit Quality (FAQ) has been established to help build an environment of audit quality consciousness and to foster the identification, development and sharing of best practices to enhance governance and quality of financial reporting.
Curtain raiser event
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Introductory remarks
Mr. Damodaran sets the context for FAQ and discusses the current regulatory environment around audit quality.
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Inaugural lecture
Professor Narayanaswamy provides his perspective on audit quality, and answers questions posed by FAQ’s general body member, Mr. Shailesh Haribhakti.
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An overview of draft discussion paper on AQIs
Mr. Amit Tandon provides an overview of FAQ’s forthcoming discussion paper on Audit Quality Indicators (AQIs) and its relevance to all stakeholders involved in the financial reporting ecosystem.
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Preview of FAQ’s activities
Mr. Sai Venkateshwaran provides a preview of the planned activities for FAQ and launches the FAQ’s website.
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How will FAQ benefit the profession
Mr. Sanjay Vasudeva discusses some of the challenges faced and expectations from the CA profession, and how FAQ’s activities will help CA practitioners and firms equip themselves to meet the varied challenges.
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