AOB introducing online audit firm registration system

The Audit Oversight Board (AOB) is introducing an online audit firm registration system to promote ease of doing business.

This registration system shall facilitate both new registration and annual submission of data by the audit firms.

This system has been developed using the expertise of local IT professionals and storage services of National Telecom Corporation. It is currently undergoing user acceptance testing and shall go live in a month's time.

Audit Oversight Board is an independent regulator established by the parliament to oversee audit quality of public interest companies, which include listed companies.

Source: Radio Pakistan