July 2014. The consequences of the 2008 financial crisis continue to play out around the world but the crisis has spurred fresh thought, especially among public auditors. ACCA’s paper Breaking Out: Public Audit’s New Role in a Post-crash World (February 2014) has brought together some of this new thinking.
Exploring the themes from the publication in an English context, ACCA hosted a roundtable in Westminster in April 2014, bringing together politicians, contributors from the report, academics, journalists, regulators and auditors from across the country. Clear themes emerged from the event as well as suggestions for what comes next following the abolition of the Audit Commission in 2015. This paper offers an overview of the key issues discussed, outlines specific highlights and considers what comes next. READ MORE