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.

“Reflections on the Case for Audit Reform is both timely and timeless. It arrives at a moment when public patience with superficial reform is wearing thin, yet its message transcends the latest policy cycle. Bhaskar and Sellers remind us that audit, at its best, is a public good - a collective act of listening and accountability that sustains the moral fabric of economic life. Their work rekindles a "passion for leaming and a yearning for change," offering a powerful intellectual legacy from one of the field's most thoughtful scholars and a continuing challenge for all who care about the future of auditing.” — Leonid Sokolovskyy, Lecturer, Alliance Manchester Business School, Manchester, UK

• 1. Introduction 2. Audit – what does it mean? 3. Audit industry 4. Regulation and the audit market 5. The Groundhog Day merry-go-round, or a new audit concept? 6. The problem with passive audits and regulation 7. Making audit a positive and progressive force for good: promoting the proactive audit 8. Postscript and thoughts to ponder

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.

“Reflections on the Case for Audit Reform is both timely and timeless. It arrives at a moment when public patience with superficial reform is wearing thin, yet its message transcends the latest policy cycle. Bhaskar and Sellers remind us that audit, at its best, is a public good - a collective act of listening and accountability that sustains the moral fabric of economic life. Their work rekindles a "passion for leaming and a yearning for change," offering a powerful intellectual legacy from one of the field's most thoughtful scholars and a continuing challenge for all who care about the future of auditing.” — Leonid Sokolovskyy, Lecturer, Alliance Manchester Business School, Manchester, UK

• 1. Introduction 2. Audit – what does it mean? 3. Audit industry 4. Regulation and the audit market 5. The Groundhog Day merry-go-round, or a new audit concept? 6. The problem with passive audits and regulation 7. Making audit a positive and progressive force for good: promoting the proactive audit 8. Postscript and thoughts to ponder