Openness and transparency

This section sets out how you may request information from us and provides some direct links to information of wider public interest.

We are committed to demonstrating openness and transparency in the way we operate our business and how we communicate with the public.

Our Audit Quality Report [opens in new window] sets out information about our work and the arrangements for meeting quality and ethical standards relevant to the audit profession along with a summary of our audit quality outcomes.

Financial audit quality arrangements 

We comply with the Financial Reporting Council’s Auditing Standards [opens in new window]. These include the International Standards on Quality Control.
Quality assurance of our audits is built into our processes. We also have arrangements for internal and external reviews of our work. 
The Institute of Chartered Accountants in England and Wales’s Quality Assurance Department (QAD) complete reviews of our procedures and our quality assurance arrangements.
We are fully committed to audit quality. Year-on-year our internal and external quality assurance arrangements provide us with confirmation that audit work is of an appropriate professional standard.
We however continue to look for ways of improving the quality of our work and our assurance programme supports us in doing this.

Pay policy and senior management remuneration

Our Pay Policy [PDF 250KB opens in new window] covers all our employees.

Details of the remuneration of our most senior managers is available in the remuneration report within the Annual Report and Accounts.

Also see: Fee scales and fee setting