PA Global is proud to announce a significant milestone in the evolution of our network: PA Global has been admitted as a Member of the Forum of Firms. The Forum of Firms is an independent association of international networks of firms that have transnational audit appointments or are interested in accepting such appointments. Its public interest objective is to assist the users of financial statements by promoting consistent and high-quality standards of financial reporting and auditing practices worldwide.
This admission represents a rigorous, multi-year process centered on one crucial objective: advancing audit quality for the public interest.
Over the past three years, PA Global has worked intensively to displaying that quality is not an aspiration, but a structured and embedded reality across our Network. This journey required demonstrating effective systems that support compliance with the Forum of Firms membership obligation. These include:
· Maintaining appropriate quality management standards in accordance with the International Standards on Quality Management issued by the IAASB, in addition to relevant national quality management control standards;
· Conducting, to the extent not prohibited by national regulation, regular globally coordinated internal quality assurance reviews;
· Having policies and methodologies for the conduct of such audits that are based, to the extent practicable, on the International Standards on Auditing issued by the IAASB; and
· Having policies and methodologies that conform to the IESBA International Code of Ethics for Professional Accountants and national codes of ethics.
This milestone reflects the collective efforts of our Managing Partners, International Liaison Partners, PA Executive Team, and the broader PA Global community.
Admission to the Forum of Firms is a reinforcement of PA Global’s responsibility to continually raise the bar on audit quality. Our vision remains focused on strengthening the capabilities of our member firms by providing them with advanced methodologies, practical tools, structured training, and governance frameworks that support consistent, high-quality audits in an increasingly complex global environment.
We extend our sincere thanks to our clients for their continued trust, and to our partners and teams across the network for their dedication to professional excellence. We also express our appreciation to the individuals who worked closely with PA Global during this journey.