(c) Institute of Chartered Accountants in England and Wales. Contact ICAEW for permission to reproduce this article., Audit and Assurance, Corporate Finance

The Future of Audit: Corporate reporting and the role of the auditor

An important audit function is, and always has been, providing assurance that corporate reports contain correct and trustworthy information. However the expectation gap between what is being audited and what people believe should be audited is an ongoing issue. We believe there is a demand for enhanced corporate reporting and greater assurance and if we can meet this demand, capital markets should function more effectively and trust in business should increase.

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