Transparency Report 2024
On behalf of Deloitte Audit, société à responsabilité limitée, an approved audit firm in Luxembourg (cabinet de révision agréé), we present our 15th annual Transparency Report. This report covers the financial year that ended on 31 May 2024 and was prepared pursuant to Article 13 of the Regulation (EU) N° 537/2014 of the European Parliament and of the Council of 16 April 2014 on specific requirements regarding statutory audit of public interest entities (the EU Audit Regulation) and in accordance with the Luxembourg Law of 23 July 2016 concerning the audit profession, as amended.
Our Audit & Assurance practice’s success lies in its unshakable commitment to the very values at the heart of Deloitte’s DNA: integrity, quality and excellence. These core principles guide how our talented teams serve our clients and interact with stakeholders - from regulators to capital markets, policy makers and the general public. Amid an environment of geopolitical conflict, we remain ready to address the evolving issues and risks impacting our clients. Our people, and the judgment and professional skepticism they impart as auditors, are the true measure of our capacity to be a partner of choice by inspiring confidence and trust.
We continue to make significant investments in our talent, equipping them with advanced skills in technology and data to adeptly navigate the swiftly evolving demands of our profession. Technological gains in generative AI present opportunities for driving efficiency for repetitive tasks, and strategic investments in this and other areas empower our teams to establish new industry benchmarks for quality and seamlessly adapt to the rapidly changing economic, business, and regulatory landscapes.
As the Réviseurs d’entreprises’ roles and responsibilities rapidly evolve, and in line with our mission to foster sustainable economies, our practice nurtured conversations with participants across the financial reporting ecosystem, advocating for shared standards that will guarantee the enhanced transparency around climate- related and broader environmental, social, and governance (ESG) information. As full Corporate Sustainability Reporting Directive (CSRD) reporting draws nearer, our clients must already prepare, and this collaboration is essential in effectively discerning risks, helping clients navigate through intricate business landscapes, and contributing to a more resilient and robust economy.
We devote ourselves to upholding the highest professional standards. Our relentless dedication to excellence and continuous eye toward improvement are core to Deloitte’s esteemed reputation and reinforce our promise to contribute to a more resilient, sustainable, and dynamic global economy.
This 15th annual Transparency Report provides an in-depth look at our structure, governance and approach to delivering high-quality audit and assurance services – all of which is supported by our robust system of quality control. We welcome the opportunity to provide this information about our business and our commitment to the public interest with a broader group of stakeholders. Thank you for your interest in learning more about our unwavering commitment to audit and assurance quality.
The present Transparency Report is issued in Luxembourg on 23 September 2024.
