audit quality indicators

Audit quality indicators are measures used to assess how effectively an audit is performed. They help evaluate whether the auditor thoroughly checks financial statements for accuracy and compliance. These indicators can include things like the auditor’s experience, the quality of work performed, the timeliness of completing the audit, and the level of auditor independence. By monitoring these factors, stakeholders such as investors and regulators can better judge the reliability of the financial reports, ensuring transparency and confidence in the company's financial health.