Today, BDO Canada released its Audit Quality Report 2022-2023, demonstrating the firm’s commitment to integrity, ethical behaviour, and upholding the highest standards of quality audits using traditional measures, while also leveraging a technology-integrated approach to adapt to the changing needs and priorities of its clients.
“Delivering high-quality audits has never been so critical for our profession, particularly during this time where business is moving at a rapid pace and with increased complexity,” says Jeanny Gu, Managing Partner, Assurance, at BDO Canada. “Quality is key in this profession, and we are committed to demonstrating financial leadership and instilling confidence in the clients and businesses that we support.”
This year’s report highlights the four key pillars on which BDO continues to focus: quality, talent and culture, client-centricity, and innovation and change. Using internal metrics and data collected from a workforce survey, the 2022-2023 Audit Quality Report provides a deep dive into BDO’s core values that continue to be the polestar as the firm meets disruption with innovation and change.
Over the years, BDO has recognized the importance of sharing its audit work results with a wider audience to demonstrate its transparency with quality in the business community. The firm takes pride in delivering in-depth audit services that sets a benchmark to better its performance each year.
“Audit quality is not a one-and-done process. It’s a strategy rooted in continuous improvement, innovation, and growth”, says Nazia Lakhani, National Quality Leader & Assurance Partner at BDO Canada. “At BDO, we’re extremely proud of the high-quality work our audit teams deliver to clients every single day.”
In an ever-changing environment, BDO has purposefully structured the firm, staff, process, and technology to adapt to market conditions and maintain its commitment to quality. Over the next 12 months, the firm looks forward to more initiatives that further strengthen confidence in their clients.
About BDO
BDO Canada LLP is a leading provider of professional services to clients of all sizes in virtually all business sectors. Our team delivers a comprehensive range of assurance, accounting, tax, and advisory services, complemented by deep industry knowledge gained from over 100 years of working within local communities. With more than 1,700 offices in 167 countries, our global BDO network positions us to provide consistent cross-border services to clients with global needs.
BDO Canada LLP, a Canadian limited liability partnership, is a member of BDO International Limited, a UK company limited by guarantee, and forms part of the international BDO network of independent member firms. BDO is the brand name for the BDO network and for each of the BDO member Firms. For more information, visit: www.bdo.ca.