Regulators in the UK recently announced the details of a plan to reform the audit industry, in response to a series of high profile business failures where auditors took a large portion of the public blame. And these UK proposals may well end up as the template for reforms in other markets. So, in this episode, we examine the role that regulation will play in shaping how audits are purchased and delivered over the coming years—and examine the relationship between regulation and other critical factors that will shape the future of audit.
The Future of the Firm