INFO 223
Audit quality - The role of others
This is Information Sheet 223 (INFO 223). It outlines how parties other than auditors can contribute to audit quality.
In plain English
INFO 223 explains how people besides auditors can help improve audit quality.
INFO 223 applies to registered auditors and audit firms. It describes the roles of audit committees, directors, and others in promoting audit quality. It also discusses the responsibilities of those providing oversight. This information sheet was last updated by ASIC.
Why it matters
Directors and audit committees should understand their role in ensuring quality audits. This guidance helps them contribute to a robust audit process, strengthening financial reporting.
AI-assisted summary, grounded in the source link below. Generated 2026-05-23 via gemma3:12b.
Issuing regulator
ASIC →Topics
Source: https://www.asic.gov.au/regulatory-resources/financial-reporting-and-audit/auditors/audit-quality-the-role-of-others/. Rules Mate indexes + summarises; always verify against the regulator's live publication.