Audit oversight board issues

Its establishment is expected to improve the quality of the audited financial statements and to increase the confidence of the public on the quality of the services provided by the auditors

This study explores how the establishment of audit oversight board affects the auditors in Malaysia

Public oversight is still a relatively new approach to regulate audit firms, and many countries, including the U

, periodically evaluate the organizational structure and operations of POBs, implementing changes as they receive feedback

The purpose of Audit Oversight Board (AOB) is to oversee the external auditors who audit the listed companies

Its establishment is expected to improve the quality of the audited financial statements and to increase the confidence of the public on the quality of the services provided by the auditors