Publication

28 September 2018

Reporting key audit matters in the EU banking sector Analysis and good practice examples

Audit quality is vital for people to be able to rely on company information and have trust in markets. Communicating key audit matters (KAMs) in the auditor’s report is a relatively recent requirement to support the quality of audits. Auditor’s reporting of KAMs responds to the growing demand of investors and stakeholders for more transparency and insight in the audit process.

The banking sector is a pillar of EU economic growth and auditors are now producing more informative and insightful reports to contribute to the sector’s public trust and stability.

Our survey provides insights on auditor’s reporting on KAMs for more than 60 European banks. It aims to facilitate communication between banks, auditors and stakeholders on this important new requirement.

Find the full publication and our 2-page summary below.

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