How can the Audit quality of small international accounting firm networks be improved

1. How Can The Audit Quality Of Small International Accounting Firm Networks Be Improved? First of all, for individuals who work in the accounting field, this is fantastic news. We find that Audit quality improves after small international accounting firm networks join an AAN. In this study, we concentrate on non-Big 4 accounting firms, a significant but sometimes disregarded segment of the global audit market. We specifically investigate whether these firms can offer greater audit quality as a result of their participation in an international accounting organization or network (AAN). Data from 24 countries and a difference-in-differences research design allow us to conclude that joining an AAN increases the audit quality of small international accounting firms. Furthermore, we discover that when audit clients are of similar size, AAN audit quality is not materially different from that of the Big 4 for audit committees. The primary goal of the accounting network is to meet the demands of clients; only then can they find clients using the priceless network resources.

2. Since the accounting teams are commonly here to stay, we've decided to Distribute a list of suggestions in the proper order in order to at the very least, increase the accounting department's productivity, effectiveness, and overall performance. List of improve Audit quality: ● conducting efficient audit quality assessments ● Document ● Process mining ● Data analysis ● Communication effectively ● Use timeline