Audit today and tomorrow

Key messages from our survey:

  • Audit affects investment decisions, but audit reports themselves do not give meaningful information
  • Investors are selective about where additional transparency could be useful
  • Information on the “behind closed doors” aspects of the audit would be valuable, but there are concerns about consequential constriction of open debate
  • There is an appetite for more timely assurance
  • Assurance is sought on metrics and narrative that currently fall outside the audit’s scope