The Audit Quality Forum brings together representatives
of auditors, investors, business and regulatory bodies.
Its purpose is to encourage stakeholders to work together
by promoting open and constructive dialogue in order
to contribute to the work of government and regulators
and by generating practical ideas for further enhancing
confidence in the independent audit.
The initial focus of the Forum was to improve audit
transparency and support shareholder involvement in
the audit process. At its meeting in May 2005 the Forum
agreed to explore a broader agenda which will examine
the relationships between shareholders, boards, auditors,
regulators and other stakeholders in the audit.