Statutory Audits in Europe: Latest Reforms and Future Challenges

In the aftermath of the Global Financial Crisis, corporate collapses, accounting scandals, and concerns around competition and auditor choice, the European Commission (EC) promoted the preparation of various reports on audit policy to support a harmonisation process of European auditing regulation. Consequently, the European Union (EU) Audit Regulation and Directive was implemented from 2016.

This book provides a timely picture of the audit sector and how it responds to regulatory and techn...