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2022 Transparency Report

The nature of audit continues to evolve, as does our approach to audit quality. This is our number one priority.

Deloitte has continued to adapt and respond to the ongoing impact of COVID-19, skill shortages, devastating floods, the war in Ukraine, and the re emergence of inflation. Despite these unique challenges, we remain committed to ethics, integrity, independence, and transparency – all while serving the public interest.

The role of the auditor is rapidly evolving

We’re shaping the future of the audit profession by establishing a meaningful vision to address the shifting needs of society and capital markets. As part of this, we’ve been investing in the breadth of capability to deliver quality to all our stakeholders.

Investing in people, process, and technology to drive transformation

We take a holistic approach to our audit quality priorities – investing in our technology, our processes, and our people – to drive sustained improvements in audit quality.

Strengthening our systems of quality control

Deloitte is committed to moving beyond existing professional standards.

The Transparency Report demonstrates our understanding of the significant role we play in capital markets. We’re deeply committed, through our significant ongoing investments, to continuous improvement in executing quality audits. We recognise the need to go beyond the expected to set the standard of excellence for the profession. In keeping with that objective, our dedication to audit quality is unequivocal.

Audit inspection reports

 

Deloitte supports the ASIC inspection process and believe it serves an important role in improving audit quality, and we value the insights it brings to both entities and the audit profession. We set out here our ASIC inspection reports for both the 12-month period ended 30 June 2020 and the 12-month period ended 30 June 2019.

Previous Reports: 

 

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