Friday, July 09, 2010

Auditors could face grillings from analysts


Radical changes, which include auditors being present at analyst meetings and fielding questions from investors at AGMs have been sugegested

Auditors might one day stand shoulder to shoulder with clients at analyst presentations according to the latest suggestions to reform the industry in the wake of the crisis.

Steve Maslin, chair of the partnership oversight board at Grant Thornton, envisages an expanded audit role which may involve greater face-to-face time with stakeholders, including question and answer sessions at annual general meetings.

See full Article.