Wednesday, February 16, 2011

'Audit must change'


INTERNAL markets commissoner Michel Barnier (pictured) left the audit profession in no doubt that reform was on the way when he spoke at a Brussels conference on the subject and said: "One can no longer say ‘Move on, there is nothing to see' on audit issues."

Speaking yesterday he added: "The status quo is not an option for the auditing world. It's not about changing for the sake of change, but to reply to very real needs which we can no longer ignore."

See full Article.