Analysis of key audit matter disclosures across industries: evidence from Bangladesh

Abstract

This report covers the academic internship of the author at Hossain and Hossain Chartered Accountants between December 2025 and April 2026, and an overview of the firm. Also, the project section of this report tries to examine the Key Audit Matter (KAM) disclosures in the banking, textile, pharmaceutical and fuel and power industries during 2 years. It is observed to have significant differences in the amount and quality of KAMs across company size and the type of audit firm, with international-related firms usually giving more detailed disclosures. The nature of reported KAMs is heavily influenced by industry-specific risks, which result in definite cross-sector differences. While there is presence of consistency, there is no full standardization of disclosures. Results from the sample indicate an imbalanced system which only raises the requirement for more transparent reporting that emphasizes understandability, clarity and specificity.