Publication

4 January 2016

FEE pursues the debate on the future of audit and assurance

This new FEE discussion paper Pursuing a strategic debate follows up on Opening a discussion: the future of audit and assurance from 2014. It is based on the responses received to the 2014 paper and on the debate at the FEE Audit Conference Long Term Vision and Short Term Challenges in June 2015.

FEE’s work aims to keep the accountancy profession engaged in an open and dynamic debate with its stakeholders and propose changes to respond to a rapidly changing environment. This paper thus identifies three main topics for the future of audit and assurance:

  •    respond to stakeholders’ needs
  •    encourage innovation driven by technology
  •    rethink education to ensure the right skillset for the future

The challenges that lie ahead for the profession go along with plenty of opportunities to further evolve and better serve new markets’ needs. FEE is committed to support the constant adaptation of the profession, while continuously promoting the fundamental principles of integrity, objectivity and independence, professionalism, competence, and confidentiality.

Related document:
FEE discussion paper – Pursuing a strategic debate: The future of audit and assurance

 

Related links:
 FEE discussion paper – Opening a Discussion: The Future of Audit and Assurance
  FEE Audit Conference Long Term Vision and Short Term Challenges

 

Related content

PublicationTechnology Hub

14 September 2017

UpdateTechnology

25 July 2017

EventFuture of VAT: Digitalisation is here!

24 July 2017

Consultation responseEU Company law upgrade on rules on digital solutions and cross-border operations

18 July 2017

PublicationKeeping the audit profession attractive

18 July 2017

UpdateTechnology

26 June 2017

UpdateSME Highlights

25 June 2017

PublicationMember States’ implementation of new EU audit rules

22 June 2017

Consultation responseEuropean Commission on FinTech

17 May 2017

BlogAccountancy Europe Digital Day – looking ahead

2 May 2017

Consultation responseEuropean Commission proposal on building a European Data Economy

26 April 2017

PublicationAccountancy Europe Technology Barometer

24 April 2017

In the mediaAccountancy Europe’s Digital Day foresees a challenging but bright tomorrow

21 April 2017

UpdateTechnology

5 April 2017

Consultation responseIAASB’s Discussion Paper: Exploring the Demand for Agreed-Upon Procedures Engagements and Other Services

4 April 2017

UpdateTechnology

14 March 2017

In the mediaInterview with our CEO and Senior Manager on the Future of the Profession and Rebranding

15 February 2017

Consultation responseIAASB’s Request for Input: Exploring the Growing Use of Technology in the Audit, with a...

15 February 2017

UpdateTechnology

8 February 2017

In the mediaIFAC – The What, Why, and How of Cloud Computing for SMPs

8 February 2017

Sign up for our newsletter