The future of audit: market view
We now see an emphasis placed on scope and quality, as auditors must ensure interconnectivity and interoperability between the different sources of information to guarantee relevance and comprehensibility. Auditors form a decisive part of the puzzle, contributing to the transformation of our economies and companies into sustainable entities and drivers.
At Mazars, audit is, and always has been, at the heart of what we do. We recognise that financial transparency produces fairer and more prosperous economies, with auditors playing a crucial role in helping to achieve this clarity. This is why we are committed to finding ways to strengthen and innovate within our field.
Mazars is dedicated to consistently sharing analyses on the future of the audit sector to contribute to important debates about our profession. Topics include market expectations, reform proposals and – most recently – an audit fees benchmark of listed public interest entities in the EU. Discover our full, and continually updated, selection of insight and perspectives on the future of audit below.
Audit fee transparency is essential to ensure a fair and competitive audit market, as well as provide an indicator of the audit effort for the benefit of shareholders. In the public interest, this transparency should not result in driving costs down, but provide a basis for discussion to ensure auditors have the means to deliver a quality audit.
17th February 2021: Mazars, the international audit, tax and advisory firm, today releases the results of its survey of 500 audit users and decision makers from 12 countries in ‘The future of audit: market view - myths, realities and ways forward’.
Mazars’ knowledge centre provides insights on the latest developments in the debate around joint audit from businesses, audit professionals and academic experts around the world.
The development of artificial intelligence (AI) technology is gaining momentum. Already, it can create texts, answer questions, write pieces of music, and paint pictures in the style of Vincent van Gogh. Increasingly, AI is also being used in auditing to automate routine tasks.
On 21 November 2022, ecoDa and Mazars co-organised a timely and open webinar on ways to improve the corporate reporting ecosystem in the context of the European Commission’s initiative, in the presence of DG FISMA, board members, investors and auditors.
Read the article by Hervé Hélias, CEO and Chairman, Mazars Group and Olivier Lenel, Managing Director of Mazars in France.
Read the article by Hervé Hélias, Chief Executive Officer and Chairman of the Mazars Group Executive Board.
Read the article from Hervé Hélias, Chief Executive Officer and Chairman of the Mazars Group Executive Board.
29/03/2021 Technology is often viewed as the way to improve any and all aspects of business – but that assumption does not always hold up against closer analysis. A recent market survey found audit users value the people behind the machines more than the technology alone. Below, Florence Sardas, Partner in charge of transformation within the French Executive Committee, Mazars, reacts to the survey...
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