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

NewsVAT Talks: digitalisation, accountants’ role and the growing importance of tax

2 March 2021

EventSustainable corporate governance: future role for audit committees

5 February 2021

PublicationGoing concern: recommendations to strengthen the financial reporting ecosystem

3 February 2021

PublicationFraud: recommendations to strengthen the financial reporting ecosystem

3 February 2021

PublicationEuropean Single Electronic Format (ESEF) – collected guidance

25 January 2021

Consultation responseEC’s proposed regulation concerning digital operational resilience for the financial sector

17 December 2020

Podcast Ethics, digitalisation and accounting

16 December 2020

EventThe path to high-quality non-financial information assurance

26 November 2020

NewsOur work towards the Future of Corporate Reporting

2 November 2020

Podcast The European Commission’s take on ESEF

30 October 2020

BlogReliable non-financial information to progress sustainable finance

21 October 2020

Podcast SMEs: What’s next?

16 October 2020

EventImplementing ESEF

12 October 2020

Consultation responseEC’s consultation on the establishment of an EU Green Bond Standard. 

5 October 2020

Consultation responseEC’s roadmap on obligation for companies to publish non-financial information

18 September 2020

Consultation responseIAASB’s consultation on proposed guidance: extended external reporting (EER) assurance

24 July 2020

UpdateTechnology

9 July 2020

PublicationImplementation of the 2014 EU Audit Directive and regulation in 30 European countries

9 July 2020

Consultation responseEC’s consultation on a new digital finance strategy for Europe/FinTech action plan

30 June 2020

PublicationHow do multidisciplinary teams contribute to audit quality?

24 June 2020

Sign up for our newsletter

* indicates required
Would you like to subscribe to our newsletter?
On which topics would you like to receive news?