What do you think about the current audit industry?

The audit sector in the UK, and around the world, has faced a lot of criticism of late. Stories about the latest big audit scandals are filling our newspapers, and it's making people question how and why things can go so badly wrong. As such, various reviews and reports are currently underway to try to address the faults of the audit sector in 2019 and beyond.  The trust needs to be restored and successes highlighted to prevent further issues in years to come. 

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* 1. What do you think about the standard of audit in the UK?

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* 2. What do you think about the idea of join audit, which was suggested in the CMA review?

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* 3. Is the frequency and severity of big audit scandals (like Carillion and Patisserie Valerie) worse now than in the past?

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* 4. Should the FRC be replaced by a new regulator?

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* 5. If Yes, what features should the new regular have?

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* 6. Do the Big Four have too much power?

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* 7. Are the media sensationalising incidents like Carillion too much or is this necessary?

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* 8. What is the single best thing that could be done to reform the audit sector?

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