Reflections on the Case for Audit Reform

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A01=Krish Bhaskar
A01=Rod Sellers
audit market structure
Author_Krish Bhaskar
Author_Rod Sellers
Category=KFCF
Category=KFCM
Category=KFCR
Category=KFFH
Category=KJC
Category=KJMV
eq_bestseller
eq_business-finance-law
eq_isMigrated=1
eq_nobargain
eq_non-fiction
financial oversight
forthcoming
proactive assurance
proactive audit methodologies for practitioners
professional ethics
regulatory compliance
stakeholder engagement

Product details

  • ISBN 9781041031949
  • Dimensions: 138 x 216mm
  • Publication Date: 20 Jul 2026
  • Publisher: Taylor & Francis Ltd
  • Publication City/Country: GB
  • Product Form: Paperback
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This is the final volume in a four-book miniseries dealing with disruption in audit and financial reporting, this last book focusing on the importance of developing the purpose and concept of auditing in a holistic rather than piecemeal way, whilst reflecting on the case for audit reform.

It looks beyond current events and explores possible new entrants to the market, the role of regulation versus professionalism, developing a more prominent and reinvigorated auditing profession and how to meet wider stakeholder needs. The authors’ key proposal for discussion is for the traditional passive audit to be replaced with a proactive style of audit, where granular opinions, forward looking analysis and sensitivity reviews can aid the reader of accounts to come to their own conclusions.

This book should act as a catalyst for radical thinking professionals, students, academics and company directors to influence future government reforms to meet societal needs in the twenty-first century.

Krish Bhaskar was founding Professor of Accounting and Finance at the University of East Anglia, UK and previously held positions at the London School of Economics and the University of Bristol. He is the author of more than 50 books and has worked extensively in the IT, consulting, investment banking, automotive and forecasting sectors.

Rod Sellers, OBE, FCA, has spent almost 50 years in senior financial and corporate roles in industry.

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