The future of audit – a series of Thought Leadership essays
As discussions about the future of audit continue to evolve, the Audit and Assurance Faculty intends to influence the debate through a series of succinct, high-level thought leadership essays that consider a range of issues directly or indirectly relevant to the debate.
16 MAY 2019
Recent corporate failures have increased public concern about the value of audit and the role of auditors. To help inform debate on the scope of audit, this second supporting paper to our Future of Audit thought leadership essays explains what auditors do, why audits are necessary, the limitations of audit, and what gets audited and what doesn’t.
31 JULY 2018
The Future Firms Framework aims to facilitate a systemic discussion about the interrelatedness of key dimensions of the modern firm.
25 JUNE 2018
Professional scepticism is central to the work of auditors and yet audit regulators and others continue to express concerns that auditors are not sufficiently sceptical. This report explores what auditors and other stakeholders think about how it can be enhanced and who is responsible for it.
20 OCTOBER 2017
The finance profession has undergone a rapid period of change, and this will only accelerate.
13 JULY 2017
This resource will help preparers and users of extended auditor reports in the UK and overseas to implement and understand them.
28 JULY 2017
A call for broader professional education
30 NOVEMBER 2016
Video highlights from the 20 June event, hosted in collaboration with the ICAEW IT Faculty and featuring Brett Scott, Cathy Mulligan and Patrick Spens.