Competition in the Accounting Profession: Survey of Public Companies (GAO-08-164SP, November 2007), an E-supplement to GAO-08-163

Audit Quality

22. Since 2003, how has each of the following aspects of audit quality changed?
(Select one answer in each row.)
    Greatly increased Moderately increased Stayed the same Moderately decreased Greatly decreased Don't know
  a. Responsiveness to client questions and needs
  b. Technical capability with accounting principles and auditing standards
  c. Amount of time spent by audit engagement team
  d. Amount of time spent by senior partners and experts
  e. Appropriate time spent on issues based on risk areas
  f. Experience and capability of engagement partner
  g. Experience and capability of engagement staff
  h. Addition of audit of internal control over financial reporting
  i. Ability/willingness to identify and surface material reporting issues
  j. Other - please describe below

  IF OTHER, please describe.

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