Forum of Firms
The Forum of Firms is an independent association of international networks of firms that have, or are interested in, transnational audit appointments. It promotes consistent, high-quality international auditing and financial reporting practices. Its membership obligations and governance are set out in the Forum’s own documents.
Worked example
An international audit network with transnational audit appointments participates in the Forum and follows its applicable membership obligations.
Common mistake
The Forum does not itself replace national audit regulators or make an individual audit automatically compliant with applicable standards.
Where it appears in your exams
| Qualification | Exam | Relationship | Period |
|---|---|---|---|
| ACCA | AAA (INT) | Supporting | September 2026–June 2027 |