The Financial Markets Authority’s Audit Quality Monitoring Report for 2016-2017 identifies areas for improvement in audits by NZ’s licenced auditors. Jacco Moison, Manager of Auditor Oversight at the FMA, discusses the key findings with Claire Grayston at CPA Australia and identifies actions auditors can take to improve audit quality. Jacco also explains what others, including directors and audit committees, can do to support audit quality.