Which audit firms are required to publish a transparency report in accordance with the provisions of Article 13 of the EU Audit Regulations?
A) All entities providing an audit service
B) Statutory auditors of one or more public interest entities
C) The "big four" accounting firms
D) Auditors of companies with combined revenues of £10 million or greater.

Question

Quizplus · Accepted Answer

Statutory auditors of one or more public interest entities are required to publish a transparency report under Article 13 of the EU Audit Regulations. This requirement is aimed at enhancing transparency and accountability in the audit of public interest entities.

Which Audit Firms Are Required to Publish a Transparency Report