Mazars is proud to co-organise the conference on the 10th anniversary of the EU audit reform

ServicesAudit & assurance

10th anniversary of the EU audit reform

Audited financial information is essential for both companies and individuals alike. Preserving trust in the credibility of financial reports underpins various transactions that shape the financial landscape. Join the half-day conference organised by the Centre for European Policy Studies (CEPS), the European Capital Markets Institute (ECMI) and Mazars to discuss the successes and failures of the previous audit reform, and the implications of the current developments in the audit market.

With the rapid technological advancements, legislative changes, and the catalytic effects of Covid-19, the audit profession faces many challenges. In particular, the role of the auditor has fallen under tighter scrutiny concerning issues concerning auditor independence, as well as the scope and quality of audits. Thus, it is important to understand the auditor's changing role and define how it looks now and beyond.

In 2014, the European Union adopted the reform of the Statutory Audit Market through two legislative instruments: i) a Directive amending the 2006 Audit Directive, and ii) the Audit Regulation. Ten years since the 2014 Reform, it is time to take a step back and assess what has been achieved and what remains to be done. As we are moving from the successes and failures of the Reform to the current market developments, it is timely to bring together different market actors and discuss the future of auditing in the EU.

When: 30 January 2024, 09:00-13:05 CET

Where: Conference CEPS, Place du Congrès 1, 1000 Brussels

Agenda

09:00 – 09:30 Registration and welcome

09:30 – 09:35 Introductory remarks

09:35 – 10:00 Keynote Speech

10:00 – 11:15 First session: What have been the effects of the audit reform?

11:15 – 11:45 Coffee break

11:45 – 13:00 Second session: What future for audit?

13:00 – 13:05 Closing remarks

Speakers

  • Jella Benner-Heinacher, Chief Managing Director (deputy), Deutsche Schutzvereinigung für Wertpapierbesitz (DSW); and President, BETTER FINANCE
  • Fabrice Demarigny, Global Head of Financial Advisory Services and Capital Markets Activities, Mazars Group; and Chairman of ECMI Board
  • Jens Poll, Board Member, International Ethics Standards Board for Accountants (IESBA); and Deputy President, Accountancy Europe
  • Luc Vansteenkiste, Chairman, European Issuers
  • Petr Wagner, Deputy Head of Unit, Corporate Reporting, Audit and Credit Rating Agencies, DG FISMA, European Commission

The future of audit: market view

Audit faces ambitious and stimulating change, both in terms of the way the work is performed, with increasing support from new technologies and artificial intelligence (AI), and its scope, including financial, sustainability and IT reporting.

Read more

Contacts