Audit and society
Audit firm collaboration
Grant Thornton partner Steve Maslin explains how a collaborative initiative by the six large international audit networks is drawing lessons from the financial crisis Read the article
Singapore audit report
Directors in Singapore believe that the informative value of communications from auditors can be enhanced.
The role of audit in the Caribbean
In April 2012, ACCA Caribbean held a series of three events in Barbados, Trinidad and Jamaica to assess the role and future of audit.
EC Audit Proposals
With work progressing in Europe on landmark audit legislation, ACCA and Grant Thornton held a round-table event on 14 May to enable leading UK investors to express their views.
EU Audit Proposals Target the Big Firms
Heavy-handed on corporates and skimpy on SMEs, EU audit proposals face serious scrutiny.
Other Audit and society Articles
Extended audit reporting - 01 July 2011
This report presents the results of a research project on a framework for extended audit reporting.
Audit under fire - By Ian Welch, Head of policy, 01 May 2011
Throughout 2010 and 2011, the role of audit has been the subject of a number of inquiries. This paper outlines ACCA’s position on the key issues that have been raised.
Audit Reform: Aligning Risk with Responsibility - By John Davies , Head of technical, 01 May 2011
Audit reform: aligning risk with responsibility looks in detail at the stakeholder’s view of the importance of audit and the implications of reform for auditors’ liability.
Small business
ACCA has over 100 years' experience of working with the SME sector. We lobby governments, regulators and standard setters in the long-term interest of a healthy SME sector, and we support professional accountants so they can continue to function as the sector’s most trusted business advisers and finance managers.
Related reading
If you’re interested in audit and society, you may like to read some articles and reports held in our technical library.
About audit and society
The role of audit is currently under heightened scrutiny. The global financial upheaval of the past three years has seen commentators questioning the value of large company audit.
Technical activities
An important part of ACCA's institutional work is to contribute to the debate on technical issues affecting business and accountancy and to represent the interest of its members in relation to the legislation and professional standards that they have to comply with in their work.
Global Forums
The Global Forum for Audit and Assurance brings together groups of experts from around the world to discuss the latest issues impacting on audit and assurance.