The Green Paper entitled “Audit policy: Lessons from the crisis” (European Commission, 2010) recommends the introduction of joint audit for European listed companies, based on the French experience, to limit the market dominance of the Big 4 and to promote audit quality. However, the...

The audit committee is an important corporate governance mechanism that is responsible for overseeing the company's relations with the external auditor. It thus contributes to ensuring the quality of the external audit and reinforces confidence in the auditor's report. This chapter provides a...