Summary: The current audit continues to play a very valuable assurance role, but needs to evolve to meet the demands of a more complex world. One role suggested by stakeholders is for the audit to ...

Datar, S., G. A. Feltham, and J. S. Hughes. "The Role of Audits and Audit Quality in Valuing New Issues." Journal of Accounting & Economics 14, no. 1 (March 1991): 3 ...