A message to our stakeholders
At Crowe, audit quality starts with a foundation of solid leadership. Supported by our purpose and guided by our values, our leaders focus on having the right systems and controls in place for our audit professionals. Our leaders also preserve our equal sharing model, which prioritizes getting the right people, with the right expertise, on the right engagement and lined up with the clients that need their specialization – leading to both higher audit quality and a better experience for our clients.
While our leadership creates a solid foundation, audit quality is built on the commitment of all of our people. Auditing is not just a job, it’s a career and a profession – we are financial stewards trusted with the essential task of upholding our profession’s high ethical standards, and we have a duty to uphold our own integrity. We also strive for diversity of people, thought, and expertise, which helps develop strong audit teams and supports continual improvement.
Delivering audit quality is a journey, which is why our audit leadership prioritizes continual improvement. Better methods, new approaches, increased knowledge, and deeper analyses help us all keep pace with evolving standards, changing regulations, and new and emerging markets at all levels – but most importantly, they help us drive toward achieving audit quality in the face of volatility and change.
Our leaders’ commitment to integrity, objectivity, and quality set the tone for our auditors to be respected, accountable stewards of our profession.
2023 report highlights
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1,454 audit professionals |
24 years Partners’ average years of experience*
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Average retention of audit, firm quality, and national office professionals
Recruiting, developing, and retaining professionals is essential to providing audits of consistent quality.
93% Senior manager
78% Manager
78% Senior staff and staff
Audit technology innovation informs our commitment to audit quality
Crowe continues to invest in our data analytics approach, and as we believe the use of artificial intelligence (AI) will transform our profession, we are investing in AI to make this happen. However, it’s important to note that while AI has tremendous potential in auditing, human judgment and expertise will remain crucial. AI will empower our people by enabling greater efficiency and effectiveness.
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The Crowe Insight® cloud-based platform offers a variety of features, including advanced collaboration capabilities and the flexibility to integrate modern advancements in real time. The platform also supports our audit approach, using deep industry expertise to analyze risks, document controls, and react to changes in the audit plan. |
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With an easy-to-use interface, important security controls, and connectivity across all engagements, our Crowe Secure Information Exchange tool provides a simple, secure, and streamlined user experience for coordination and communication among audit stakeholders and engagement teams. |
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Crowe Clarity is a single point of access that gives our people the information they need on accounting, audit and assurance guidance, policies, manuals, and practice aids, and is integrated into our Crowe Insight platform. |
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Developed by Crowe auditors, the Crowe Account Confirmation tool is designed to minimize disruption to our clients’ businesses, helping us to provide an exceptional client experience. The tool allows our clients to request customer responses by electronic portal as well as paper, offering a quicker option for our clients. |
Audit transformation opens up a world of possibilities, where data-driven insights, advanced technologies, and strategic thinking converge.
