The future of audit

As a competition probe rattles the Big Four, James Roberts says the profession needs to sharpen its lobbying skills and reject polarised views

With the provisional decision to refer the larger audit market to the Competition Commission, the profession should move on from the bluster and posturing that has characterised the opposition to any change in the audit market structure and its dynamics. Without doubt, the competition authorities have a sizeable piece of work on their hands. They will need support and co-operation, but some of the effort that has gone into lobbying could now be put to better use.

Your free features:

  • Breaking news and expert analysis
  • Customisable daily newsletters
  • Six free CPD learning modules each year
  • Personalised CPD tracker
  • Top 75 Firms league tables
  • Regulatory changes
  • Hardman’s Tax Data

Sign up to Business & Accountancy Daily

Related Articles
Subscribe