Financial statement audit

The PwC audit

For when trust matters

Audit quality is our top priority. That’s what drives the PwC audit today and it’s how we’re moving the financial statement audit into the future. Blending an agile and streamlined approach, leading audit technology, innovative thinking and industry knowledge, we design, build and implement an evolved financial statement audit with the power to build trust in a changing world.

Greater audit efficiency = less time and stress for your team

Agile. Streamlined. Effective. Less burdensome. That’s the PwC audit and our commitment to you. Powerful tech, custom automations, delivery centers and deep audit experience can help us streamline testing and focus on complex areas.

Audit insights that spark new ways of thinking

Our Audit and Assurance practice brings holistic, seamless, coordinated perspectives — through and beyond the audit — covering your key priorities. That means unique audit leadership and access to specialists (when permissible) in areas including, but not limited to, ESG, human capital, cybersecurity, cloud, AI, valuation, and tax.

Fostering relationships to transform the client experience

Our audit teams create authentic professional relationships through genuine interactions, impactful communication, issues-resolution skills and balanced perspectives. Our people are technical leaders, digitally upskilled specialists in your industry who are ready to deliver independent assurance across financial and emerging nonfinancial dimensions. 

PwC was awarded the 2023 Digital Innovation of the Year award at the International Accounting Forum and Awards

Innovative audit technology powers the PwC financial statement audit

We enhance the financial statement audit via our ongoing commitment to technology — continually reinventing and revolutionizing. 

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A continued commitment to audit quality

Audit quality is foundational to establishing trust in the capital markets. Quality is our number one priority, and it’s reflected in our audit quality results - including our most recent Public Company Accounting Oversight Board’s (PCAOB) inspection report*

And we continue to take action as a first mover, proactively leading the audit profession across five focus areas that can further enhance confidence and trust in the independent audit.

*Five 2021 audit engagements of the 54 that were subject to inspection are included in Part I.A of our 2022 PCAOB inspection report. Our 2022 PCAOB inspection report is now available on the PCAOB’s website.

Explore: 2023 Audit Quality Report

What we bring to your audit

Investing over $5B in digital upskilling, audit technology and AI.

Ranked #1 on Vault's Top 25 Accounting Firms list for the 11th year in a row and #1 on Vault's Best Accounting Firms list for Audit, Tax and Forensics survey.

Ranked #1 of the Big Four for Diversity.

Multiyear Audit Innovation of the Year award winner from the International Accounting Bulletin.

Ranked #1 largest Trust Solutions practice in the world.

2023 Digital Innovation of the Year winner at International Accounting Forum & Awards for AI capabilities for auditors including predictive analytics, AI-assisted financial statement disclosure checking and AI-enabled search functionality.



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Deanna Byrne

Deanna Byrne

PwC US Assurance Leader, PwC US

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