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ACRA launches framework to improve quality of financial reporting in Singapore

Big four audit firms agree to provide audit committees of listed companies with a set of comparable indicators

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ACRA CEO Kenneth Yap said "I am confident that audit committees that utilise the AQIs will see audit quality improve over time".

Singapore

THE Accounting and Corporate Regulatory Authority (ACRA) on Wednesday introduced an Audit Quality Indicators (AQIs) Disclosure Framework which marks the first time the big four audit firms have collectively agreed to provide audit committees of listed companies with a set of

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