The case for Key Audit Matters in audit regulation
Changes to audit reports are valuable to independent investors and this benefit accrues to Non-Big 4 firms.
Regulator’s tough love is a slippery slope
Could the corporate regulator's tough stance on auditing firms be counter-productive? New research suggests it is leading to a 'tick the box' culture.
Auditors under surveillance: are they sceptical enough?
We trust auditors to tell us whether a company is being truthful about its profit, losses, or solvency. Yet how sceptical of these claims are the auditors themselves?
Hidden cost of overregulation
The threat of inspection and penalties imposed by the corporate regulator has driven audit firms to adopt more of a "check-list" approach to their work than has been used in the past. This reduces the extent of varied professional experience in the auditors' dealings with clients, new research has found.