Audit quality has often been an overlooked part of public accounting firm operations, even though it is one of the most important parts of the profession. When Enron and Arthur Andersen collapsed, and the PCAOB was born, audit quality had a moment in the spotlight. Even with control requirements and standards being put in place, many firms often talked the talk without walking the walk.

Drew Carrick, The Rapping CPA, and host of Qualified Opinions, alongside co-host Chris Vanover, President & Founder of CPAClub, sit down with author of “The Truth About Public Accounting” and the audit partner who wrote the infamous anonymous letter to the PCAOB on audit quality, Bob Conway. They discuss how the PCAOB originated, how audit quality has (necessarily) evolved over time, and why it is now more important than ever to understand the significance of quality audits.

Powered by CPAClub, this episode of Qualified Opinions can be found on-demand on the Earmark app, and is available there for CPE credit. New episodes every first and third Wednesday of each month.

Episode 2: How Important is Audit Quality Actually? (April 14, 2026)