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Audit leaders issue statement to new audit recruits

Tammy Whitehouse | July 27, 2018

As a new crop of college graduates joins the audit profession, U.S. audit leaders issued a joint statement to sell them on the viability of their career path.

The letter is signed by top leaders at all the Big 4 firms—Deloitte, EY, KPMG, and PwC—plus BDO USA and Grant Thornton, and a leader at the CEO of the American Institute of Certified Public Accountants and Association of International Certified Professional Accountants. It welcomes “thousands of newly minted U.S. accounting graduates” to the auditing profession, one “full of promise.”

The authors of the letter “felt it was a fitting time to express their commitment to capital markets and audit quality as a new class of college graduates joins the profession,” said Cindy Fornelli, executive director of the Center for Audit Quality, which is credited with initiating the statement...

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