英国財務報告協議会、4大事務所の監査に関する検査結果を公表（economiaより）

FRC publishes Big Four audit reports

英国財務報告協議会（FRC）が、4大会計事務所が行った監査を検査した結果を公表したという記事。3事務所で「重要な要改善点」が発見されたそうです。

The Financial Reporting Council has found three of the Big Four produced audits that needed “significant improvements” in its latest Audit Quality Inspection

PwCでは、「監査のいくつかの重要な局面に対する監査証拠の十分性に関連する」重要な改善が必要な監査が1件発見されました。検査報告書によると、その監査チームは、サービスプロバイダーによって記帳されている投資の会計記録もしくは帳簿に関する十分な証拠を入手しませんでした。さらに、投資ポートフォリオの価値を確かめるための監査証拠も不十分でした。財務諸表開示に関連する不備も発見されました。

Accounting giant PwC was found to have one audit requiring significant improvement “in relation to the sufficiency of audit evidence for several key aspects of the audit.”

The report warned that “the audit team did not obtain sufficient audit evidence in respect of the entity’s investment accounting records or the general ledger which were maintained by service providers. Furthermore, insufficient audit evidence was obtained to confirm the valuation of the entity’s significant portfolio of investments.

“We also identified weaknesses relating to financial statement disclosures which we report below under that heading.”

FRCが検査したPwCの14件の監査のうち、11件が良好（限定された要改善事項）、2件が容認し得るレベルとされています。

The FRC reviewed 14 PwC audits in total, of which 11 were performed to a good standard with limited improvements required and two to an acceptable overall standard.

E&Yも、検査された12件のうち、1件が重要な改善が必要とされました。監査チームの人的資源（不足）が問題となっています。

E&Y, which had 12 audits considered by the FRC, also had one audit that needed “significant improvement.” Although generally praised for addressing the concerns highlighted in the FRC’s last year’s report, issues were highlighted around resourcing within the audit team.

その他、10件が良好、1件が容認し得るレベルです。

Elsewhere, E&Y rated ten performing to a good standard, and one to an acceptable level.

デロイトでは、14件のうち11件が良好、2件が容認し得るレベル、1件が重要な改善が必要でした。「重要な改善が必要」の1件は、おもに収益の監査と仕訳テストに関連する指摘でした。

At Deloitte, the AQI looked at 14 audits. It found eleven were performed to a good standard with limited improvements required, two to an acceptable overall standard with improvements required and one required significant improvements. The audit requiring significant improvements was mainly in relation to the audit of revenue and journal testing.