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Five uncomfortable truths about audit quality

Saad Maniar Apr 8, 2026

The article highlights the often-overlooked challenges in maintaining audit quality and the gap between what stakeholders expect and what audits can realistically deliver. It reflects on real-world audit failures to show that audits provide only reasonable assurance, not absolute certainty, and are influenced by human bias, systemic pressures, and efficiency-driven compromises. It also emphasizes how misaligned expectations between auditors, clients, and regulators contribute to mistrust when issues go undetected. The key message is that improving audit quality requires honesty about these limitations, stronger professional skepticism, and a collective effort from all stakeholders to address root causes and rebuild trust in the audit process.

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