As part of its commitment to promoting a public debate on audit and assurance, the Federation of European Accountants (FEE) has published a discussion paper, the Future of Audit and Assurance. The paper lays out initial observations that could result in potential longer-term developments in audit, assurance, and other services. As the start of a journey, this paper examines some areas of development and poses questions.
Accountancy Europe spoke with young auditors, regulators, investors, academics, and policy makers to open a conversation on what makes, and keeps, the audit profession attractive.
Confidence in small business benefits us all—the difficulties of applying the International Standards on Auditing in small or non-complex entity audits are apparent, and as such the status quo is not an option.